Home / Companies / News / raises funds from Helion Venture Partners, others

Mumbai: Noida-based Stelling Technologies Pvt. Ltd that operates the train travel app said on Tuesday that it has raised an undisclosed amount in an early stage (pre-series A) round of funding. The round was led by Helion Venture Partners and Omidyar Network with participation from existing investors Blume Ventures and Ujama.

The company that was founded in 2014 by Manish Rathi, Kapil Raizada and Sachin Saxena is looking to use the funds to improve technology, launch additional products and boost business growth.

In India, nearly 25 million passengers are on the move every day.

“RailYatri is the railway enquiry window in a common man’s mobile but without the hassle of long queues. The company has succeeded in crowd-sourcing information and services for millions of Indian rail passengers," said Rahul Chandra, partner with Helion who has joined the board of the company.

The company provides real-time rail travel-related information that includes train status, platforms, seat availability predictions, facilities at stations and other travel services. The company has partnered with taxi services firms across 20 cities and food vendors across 300 stations. RailYatri provides information for over 9,000 locations and 14,500 trains, including local trains and metros.

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