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Travel-tech platform RailYatri acqui-hires food delivery startup YatraChef

Travel-tech platform RailYatri acqui-hires food delivery startup YatraChef to enhance its transit delivery business.
BY BEx Bureau
BusinessEx
Jan 23, 2018

Noida-based startup RailYatri which is making train travel much simpler through its technology has acqui-hired a Cochin-based train food delivery startup YatraChef. With this deal, the company plans to use the YatraChef team to improve its transit delivery business by giving them access to manage the pan India supply.

In 2014, the railway's travel solution provider RailYatri was founded by Kapil Raizada,Manish Rathi andSachin Saxena. The startup helps passengers in train, bus, hotels booking and also gives them access to track the train status. With the help of this acquisition, its transit delivery service is expected to boost up.

Rathi said, "YatraChef brings a deep experience of over four years in food delivery and vendor management. It has a track-record of delivering outstanding consumer experience to travellers. YatraChefs skills will help us jointly develop new offerings that would redefine the traveller experience with RailYatri. We are delighted to have them on board."

In 2013, the food-tech delivery startup YatraChef was launched to provide an online marketplace where train passengers can order food from railway station nearby restaurants to fulfil their cravings.

Arun Rajan, CEO and co-founder of YatraChef, said, "Having partnered with RailYatri for some time now, it was an obvious decision to join hands as we can make a much bigger impact together. We are excited to be part of the RailYatri family and look forward to continuing growing stronger than before."

In 2014, RailYatri raised its first funding of Rs.3 crores from venture fund Blume Ventures and Ujama. In 2015, the company further raised funds in pre-series A round fromHelion Venture Partners, Omidyar Network and its existing investors. In 2016, the company raised financing twice in that year from Nandan Nilekani and existing investors.

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