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Delhi-based Startup TravelKhana has raised its Pre-Series A round of funding led by Astarc Ventures and some high net worth individuals. This funding is a part of $10Mn Series A round that company is raising.

TravelKhana is an online meal-booking platform for train passengers. It connects the train passenger to the food caterers in Indian railway network. Earlier, it had raised angel funds for about $2 Mn from Google’s Rajan Anandan, Alok Mittal and more.

The startup is founded by Pushpinder Singh in 2012, and as reported, for the fiscal 2014-15, its annual revenue were around $15 Mn. Currently, it caters more than 3,000 passengers every day. It is present in 150 stations and plans to add more 250 stations in next one year.

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Astarc Ventures is investment arm of Mumbai-based automotive solutions Astarc Group. Starting with a corpus of $2 Mn, it plans to invest in 12-13 firms in couple of years. The areas of investment identified are mobile payments, digital healthcare, consumer internet, internet of things, digital communication, 3 D printing, data analytics areas and more. It has also invested $1 Mn  in Hyderabad-based Online Home Décor firm Renderlogy.

According to Salil Musale, co-founder of Astarc Ventures, they look at multiple aspects before including the size and attractiveness of the market opportunity and leadership.

LetsVenture facilitated the funding round. It is a platform for connecting startups that are looking to raise seed/angel money with angel and early–stage investors.

According to the data provided in Indian Railways, during 2013-14, it carried 839.7 Mn passengers as against 842.1 Mn in 2012-13. There are over 7112 stations and over 8000 coaches. This is a huge market opportunity, with other players providing similar service like YatraChef, Travelthali, Khanaonline, Travelerfood and TravelZiaka.

Related: TravelKhana – Takes Care Of Your Meals While Traveling!


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