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RailYatri secures funding from existing investors

Train travel app RailYatri.in has raised an undisclosed amount in funding with participation from all of its existing investors including Nandan Nilekani, Helion Ventures, Omidyar Partners and Blume Ventures. The company will use the fresh funds for growth and to add new services. RailYatri’s funding comes on the back of a previous round of undisclosed funding it raised in March this year, from Helion, Omidyar and Blume Ventures. It also raised an undisclosed amount of funding in June last year and had raised seed funding back in 2014. RailYatri uses a traveller’s mobile GPS to predict delays in trains, other than showing the platform number, coach position, on-time history of a train and wait list confirmations. RailYatri can be used to book services like onboard meals, taxi and bus tickets, and budget rooms as well. In March last year, the company had introduced a new feature called RailYatri Insights, which allows travelers to find out state of mobile network coverage on the route they’re traveling, top 5 stations most passengers are likely to off-board on a train etc. As of now, the company claims to have reached 6.5 million app downloads across iOS, Android and Windows. Note that the platform had relaunched its app with features to source data from a traveller’s GPS only last year. After re-launching in November 2013, the RailRadar service did not provide the actual running status or the actual location of the train, rather these locations were plotted based on the regular scheduled timetable. The…

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