21/02/2024
Founded in 2011, RailYatri is a leading train and bus ticketing platform headquartered in Noida, Uttar Pradesh.
RailYatri was established by a team of tech experts - Kapil Raizada, who graduated from IIT Kanpur; Manish Rathi, an alumnus of Western Michigan University; and Sachin Saxena, who studied at IT Kharagpur.
The trio had the idea of starting RailYatri to address a prevalent challenge faced by Indian Railways passengers.
Acknowledging this need, RailYatri was established to become a trusted advisor for train travellers, providing them with detailed and easily accessible information to help them make well-informed choices about their train trips.
In 2014, RailYatri launched its mobile app platform, aiming to become an essential tool for train passengers in real
time.
Quickly gaining popularity, Rail Yatri's app and website were downloaded over one million times, with two million active users each month, highlighting its swift acceptance and usefulness to travellers.
Presently, RailYatri has transformed into a versatile online travel aggregator (OTA), providing details on train tickets and intercity bus options via its IntrCity SmartBus service.
Covering routes connecting major cities like Delhi-Lucknow, Delhi-Kanpur, Mumbai-Pune, Bengaluru-Hyderabad, and Chennai-Combatore, RailYatri caters to a wide range of travel requirements.
Moreover, RailYatri has introduced innovative features like the 'flexi-ticket' option, empowering users to make last-minute itinerary adjustments when faced with train reservation challenges.
In terms of valuation, Rail Yatri commands an estimated worth of approximately Rs 912 Cr or $110M (post-money), as per TheKredible's assessments.
Having raised over $50Mn in funding to date, RailYatri continues to expand its offerings.
According to Entrackr, RailYatri experienced a substantial rise in revenue in FY23, with its operations seeing a 2.3X increase to Rs 273.7 Cr from Rs 117.2 Cr in FY22.