VC Fund Investments
Train ticketing portal RailYatri raises Rs.25-Cr from Mirabilis Investment, others
Noida-based train ticketing platform RailYatri has raised INR 28.58 crore (USD 3.44 million) in a mix of equity and debt funding round led by Mirabilis Investment Trust. The round also saw participation from NRJN Family Trust, Omidyar Network, and Blacksoil Capital. The company has been valued at around INR 912 crore (USD 110 million) post-money.Mirabilis Investment Trust (part of the Family office of Infosys co-founder K Dinesh) led the round with INR 12 crore. Nandan Nilekani’s NRJN Family Trust and Omidyar Network injected INR 6.9 crore and INR 5.69 crore, respectively. Blacksoil provided INR 4 crore as debt funding.RailYatri offers train ticket information along with intercity bus service. It has already raised INR 13.5 crore from existing investors in the Series C round across multiple tranches during 2022. The company also raised INR 10 crore in debt from Alteria Capital.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
