RailYatri operates an online train ticketing and travel-aggregation platform and runs the IntrCity SmartBus intercity bus service on routes such as Delhi–Lucknow, Delhi–Kanpur, Mumbai–Pune, Bengaluru–Hyderabad and Chennai–Coimbatore. The company has added customer-facing features such as a “flexi-ticket” that lets users change plans when train reservations are unavailable. RailYatri combines ticketing and mobility services (train and bus) as its core product offering. In FY23 the company’s operating revenue rose 2.3x from Rs 117.2 crore to Rs 273.7 crore, and losses narrowed 58.6% to Rs 18.18 crore from Rs 43.87 crore in FY22. The company reported increased scale alongside the revenue growth. Ownership after the round shows NRJN Family Trust with 22.82%, co-founder Manish Rathi with 13.12%, and Omidyar Network with roughly 15% of the company. RailYatri is an Indian travel startup. The company has raised about $11 million (Rs 80 crore) in a fresh funding round. The round was led by Entrust Family Office (NRJN Family Services). The article does not provide details on the company’s product specifics, operating metrics, or future plans. No additional investors or financing instrument details were disclosed in the report.

Total raised

$15M

Funding rounds

3

Latest round

Series C

Latest activity

Feb 2024