Railyatri Raises $14 Million from Nandan Nilekani, Samsung Venture
IntrCity by RailYatri, earlier known as Railyatri raises around $14 million in funding led by Infosys Chairman Nandan Nilekani & others.
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Railyatri Operations are Unauthorised: Delhi HC
Railyatri operations are unauthorised
RailYatri To Raise $10 Million Funding From Omidyar Network
Indian Railway query platform RailYatri is in talks to secure a funding of $10 million from its existing investor Omidyar Network, a philanthropic investment firm. This third round of funding will also see participation from its other existing investors including Blume Ventures, Helion Venture, Nandan Nilekani according to the source ET. “While the talks are […]
Travel App RailYatri Acquihires YatraChef
Noida based RailYatri acqui-hired Kochi based food-delivery technology start-up YatraChef. Yatrachef team will now manage the pan-India supply side of the former’s in-transit delivery business. “YatraChef brings a deep experience of nearly four years in food delivery and vendor management, and have a track-record of delivering outstanding consumer experience to travelers. Their skills will help us jointly develop new offerings that would re-define the […]
Infosys Co-founder Nandan Nilekani Invests in RailYatri.in
Nandan Nilekani, Infosys co-founder and former chairman of UIDAI invested an undisclosed investment in RailYatri.in. Founded by Kapil Raizada, Sachin Saxena, and Manish Rathi, Railyatri is a web and mobile app-based startup that provides real-time and analytics-based travel-related information to passengers. The startup claims to serve 2 million users a month. Helion Ventures, Omidyar Networks and Blume […]
Blume Ventures Raises $102 mn in final close of Fund III
Venture capital firm Blume Ventures announced the final close of Blume Ventures Fund III at USD 102 million.
TCS signs a deal with India Post to transform country’s mail delivery system
TCS and India Post collaborated to established tech based service.
Google & Xiaomi Eyeing Investment in ‘Where is my Train’ App
Technology giant Google and Chinese smartphone maker Xiaomi are eying an investment in an app called ‘Where Is My Train’ that provides live updates on trains without the use of internet and GPS. Google is in talks to acquire the two-year-old startup, whereas Xiaomi has held discussions for an investment. It is expected that Google […]
TravelTriangle Raises Funding From Nandan Nilekani and Others
Travel Triangle, India’s fastest growing travel marketplace recently raised Rs 78 crore Series C funding from Fundamentum, a growth-capital fund for mid-stage tech startups in India financed by Nandan Nilekani and Sanjeev Aggarwal. This funding round also saw the participation of several existing investors such as SAIF Partners, Bessermer Venture Partners, RB investments and a […]
Nandan Nilekani Teams up With Sanjeev Aggarwal For $100 Million Fund
Infosys co-founder Nandan Nilekani has partnered venture capital veteran Sanjeev Aggarwal to set up a USD 100 million fund that will focus on building “enduring technology companies” out of India, specially consumer technology. Called the The Fundamentum Partnership, the platform will lead investment rounds ranging between USD 10-25 million in companies that are looking at […]