In order to strengthen its supply-side commerce capabilities, RailYatri has acqui-hired Kochi-based food-delivery technology startup YatraChef.
Post the acquisition, the YatraChef’s team will manage the pan-India supply side of the former’s in-transit delivery business.
Founded in 2011 by Kapil Raizada, Manish Rathi and Sachin Saxena, RailYatri operates through a mobile app and provides real-time information on live train status, PNR Status, seat availability predictions, fare calculator, platforms/ facilities at stations, personalized alerts, access to essential travel services like meals and taxi.
RailYatri was selected for the Google Launchpad accelerator programme in May 2017. The startup is well funded by investors including Nandan Nilekani, Blume Ventures and Helion Venture, among others.
“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 travellers. Their skills will help us jointly develop new offerings that would re-define the traveller experience with RailYatri,” said Manish Rathi, CEO and Co-founder RailYatri.
On the other side, YatraChef was founded in 2013 by Rameez Ashraf and Arun Rajan with an aim to serve restaurant food for passengers of Indian Railways.
Arun Rajan, CEO and co-founder at 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”.
The last-mile capability is becoming a critical piece in commerce marketplaces as companies are able to provide a complete online and offline experience to its users, in addition to creating a premium and differentiated offering.
With this, RailYatri further strengthened its supply-side commerce capabilities, as it continues to add new offerings to its travel marketplace.