The company offers online ticket booking services through its Railofy app. It’s a startup solving one of the biggest transportation problems India faces. Most passengers in India travel long distance, and at the time of booking often end up with a waitlisted ticket, with seats only being confirmed until just before departure. Railofy provides a travel guarantee and alternative travel options at price points close to railway ticket fares.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- South Asia
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Communications and IT Services
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Chiratae Ventures International Fund IV
- Fund Manager:
- Chiratae India Investment Manager
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- January 2020
This is the investee company’s place of incorporation; or a fund’s jurisdiction.