Nandan Nilekani invests in train info startup RailYatri
Nilekani said what excited him about RailYatri was the fact that it was a new-age product made by Indians for Indians.
Bengaluru: Infosys co-founder Nandan Nilekani has invested an undisclosed amount in RailYatri.in, a start-up, which provides a series of conveniences for train passengers.
Explaining his interest in the company, Mr Nilekani said what excited him about RailYatri was the fact that it was a new-age product made by Indians for Indians.
“The RailYatri app, which intelligently harnesses the power of smartphones, data and mobile payments, has huge potential to impact the lives of millions of travellers,” he maintained.
RailYatri.in uses deep-analytics technology to make intelligent predictions to help travellers make smart decisions about their upcoming journeys. The app uses a traveller’s mobile GPS to predict a train’s delay, and gives the platform number, coach position, on-time history of a train and also tells you whether a waitlisted ticket will get confirmed.
The company’s recent foray into the digital transactional marketplace is enabling travellers to book essential services such as premium onboard meals, bus tickets, budget rooms and so on. It also plans to launch an array of other services, which will make its app a one-stop destination for railway passengers all over the country.