RailYatri, a Noida-based startup has announced that it has acqui-hired Kochi-based YatraChef. However, the company has not revealed any information related to the financials involved with this deal.
With this acquisition, it seems that RailYatri is looking to further strengthened its supply side commerce capabilities. The company has been adding new offerings to its travel marketplace.
Commenting on this, Manish Rathi, CEO and co-founder RailYatri, 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. YatraChef’s skills will help us jointly develop new offerings that would redefine the traveller experience with RailYatri. We are delighted to have them on board.
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 continue growing stronger than before.
RailYatri was founded in 2011 by Kapil Raizada, Manish Rathi and Sachin Saxena. The startup is backed by Google’s launchpad accelerator and has also received investments from various angel investors, including Nandan Nilekani, Blume Ventures and Helion Venture, among others.
The company 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.
On the other hand, YatraChef was founded in 2013 by Rameez Ashraf and Arun Rajan with an aim to serve restaurant food for passengers of Indian Railways.