Railofy

Mumbai, India Founded: 2019 • Age: 7 yrs Minicorn
Compensation for canceled trains is managed via an AI-driven platform.

About Railofy

Railofy is a Travel & Hospitality company based in Mumbai (India) founded in 2019 by Vaibhav Vijay Saraf, Hrishabh Sanghvi, and Rohan Dedhia. Compensation for canceled trains is managed via an AI-driven platform. Railofy has raised $5.28 million across 4 funding rounds from investors including Angel List, Tripjack and Roots Ventures. The company has 56 employees. Railofy was last valued at $10.59 million in February 2023. Its Indian entity Rodeo Travel Technologies Private Limited reported revenue of β‚Ή3.66 Cr. Its focus areas include Consumer, Online Travel, Transportation and Train.

Company details

AI-driven claim compensation platform for canceled trains. It offers flight tickets at economical prices for customers whose train tickets have been canceled or unconfirmed after charter preparation. It offers a variety of services including Railofy Hotplate (that enables passengers to order food from restaurants get delivered to their train seats), Train ticket booking (offers recommendation engine as well as free cancellation feature), Travels Guarantee (offers protection against Waitlist RAC tickets. get a flight, bus, tatkal tickets and more at train ticket prices, if the ticket doesnt get confirmed) Whatsapp Bot (to check PNR status on Whatsapp).

  • Headquarters Mumbai, India
  • Employees 56
  • Founders Vaibhav Vijay Saraf, Hrishabh Sanghvi, Rohan Dedhia
  • Stage Minicorn
  • Sectors
    Travel & Hospitality
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website railofy.com
  • Social LinkedIn X Facebook
  • Legal Name Rodeo Travel Technologies Private Limited
  • Date of Incorporation 16 Jul, 2018
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹3.66 Cr

    FY 2023 · +444% YoY

  • Net Loss
    -₹2.99 Cr

    FY 2023

  • EBITDA
    -₹7.06 Cr

    FY 2023 · -193% margin

  • Total Equity Funding
    $5.28M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.27M (USD), Seed

    Feb 2023

  • Investors
    Angel List

    & 67 more

  • Employee Count
    56

Funding Insights of Railofy

Railofy has successfully raised a total of $5.28M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.27 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $5.28M
  • Total Rounds 4
  • Last Round Seed β€” $2.27M
  • First Round $1.51M

    (Feb 2020)

  • Investors Count 68

All 4 funding rounds of Railofy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2023$2.27MSeed$10.59MVevek Venture Investments, Astrafamily
Oct 2020$541,980Seed–Roots Ventures, Astarc Ventures
–
Sep 2020$956,496Seed–Chiratae Ventures
–
Feb 2020$1.51MSeed$5.73MChiratae Ventures
Valuation history
DateValuationStage
Feb 2023$10.59Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2020$5.73Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $10.59M (Feb 2023). 68 investors in total: 17 institutional and 51 angel.

Investors in Railofy

Railofy has secured backing from 68 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, Tripjack and Roots Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund focused on seed-stage startups
chiratae.comBengaluru, India
Venture capital fund focused on multiple sectors
vevekventureinvestments.tcc.modeMumbai, India
Angel investor network investing in early-stage startups
iangroup.vcDelhi, India
Early-stage venture capital investments conducted in a sector-agnostic manner.
2018roots-ventures.comGurugram, India
Seed-stage tech-focused VC firm investing in geographies such as Asia
2015astarcventures.comMumbai, India
Early-stage companies are invested in by Better Capital.
bettercapital.vcSanta Clara, United States
Venture capital firm focused on seed-stage investments
ameyatelecom.tcc.modeDelhi, India
Alternative investment platform for startups and investors is operated.
2010angellist.comSan Francisco, United States
astrafamily.tcc.mode
xipian.tcc.mode
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Investor details for Railofy

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Board of directors of Rodeo Travel Technologies Private Limited (Railofy)

Rodeo Travel Technologies Private Limited is the primary company behind Railofy. The board of Rodeo Travel Technologies Private Limited currently have 3 directors; the longest-serving is Rohan Dedhia Ramesh, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Rohan Dedhia Ramesh
DIN 07297514
Director16 Jul 20188 yrs 3 moRodeo Travel Technologies Private Limited
Hrishabh Ajit Sanghvi
DIN 03477077
Director16 Jul 20188 yrs 3 moRodeo Travel Technologies Private Limited
Vaibhav Vijay Saraf
DIN 08647189
Director23 Dec 20196 yrs 10 moRodeo Travel Technologies Private Limited

People of Railofy

13 people are tracked at Railofy (4 in leadership, 9 in team); the tracked headcount is 56.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
FounderLeadership
Co-FounderLeadership
Snehal Raikar
Senior Manager -Human ResourcesTeam
ajay chauhan
City LeadTeam
bhagyshri ludbe
Team LeadTeam
DREAM GAMER
Delivery ManagerTeam
Vikas Yadav
City LeadTeam
Manju Kaushik
Team LeadTeam
Rhitwick Pramanik
Senior ManagerTeam
Uday Rana
ManagerTeam
Ankit Wankhade
Lead/Sr Operations AssociateTeam
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Financials of Railofy

Figures of Rodeo Travel Technologies Private Limited, the primary company behind Railofy, for FY 2023. Revenue was ₹3.66 Cr (+444% year on year). Net loss was -₹2.99 Cr. EBITDA was -₹7.06 Cr (-193% margin). Revenue has grown at a compounded annual rate of +336% over three years.

  • ₹3.66 CrRevenue · FY 2023 · +444% YoY
  • -₹2.99 CrNet loss
  • -₹7.06 CrEBITDA · -193% margin
  • ₹1 LakhPaid-up capital
  • 56Employees (provident fund records)
  • +336%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Rodeo Travel Technologies Private Limited are on its company page.

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Detailed financial statements for Railofy

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Timeline of Railofy

4 dated milestones of Railofy across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Railofy is founded.
  2. Funding First funding round of $1.5M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $2.3M.

Web traffic of Railofy

Websites that share an audience with Railofy (railofy.com).

Similar websites

Websites whose visitors overlap most with Railofy. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
metrorailnews.in
100%
451.9K#119,696View details
zoopindia.com
51%
174.4K#253,368View details

Top companies in Online Travel

3 companies that operate in the same segment as Railofy (Online Travel) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online bookings for flights, hotels, and travel packages are facilitated.
2000Gurugram, Haryana, IndiaUSD 39 MUSD 1.04 B5,120
Online platform providing multiple travel booking services
2007Gurugram, Haryana, IndiaUSD 96.62 MUSD 130.88 M465
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
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Related news about Railofy

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Frequently Asked Questions about Railofy

Railofy was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Railofy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Railofy is a funded company, having raised a total of $5.28M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.51M, raised on Feb 2020.

Railofy has 56 employees.

The primary company behind Railofy, Rodeo Travel Technologies Private Limited, reported revenue of β‚Ή3.66 Cr for FY 2023, up 444% year on year.

AI-driven claim compensation platform for canceled trains. It offers flight tickets at economical prices for customers whose train tickets have been canceled or unconfirmed after charter preparation. It offers a variety of services including Railofy Hotplate (that enables passengers to order food from restaurants get delivered to their train seats), Train ticket booking (offers recommendation engine as well as free cancellation feature), Travels Guarantee (offers protection against Waitlist RAC tickets. get a flight, bus, tatkal tickets and more at train ticket prices, if the ticket doesnt get confirmed) Whatsapp Bot (to check PNR status on Whatsapp).

Railofy has 68 investors. Key investors include Angel List, Tripjack, Roots Ventures, Astarc Ventures, and Ban Group.

The valuation of Railofy is $10.59M as of Feb 2023.

Railofy operates through Rodeo Travel Technologies Private Limited.

The legal entities of Railofy currently have 3 directors, including Rohan Dedhia Ramesh, Vaibhav Vijay Saraf, Hrishabh Ajit Sanghvi.

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