Biography of Rohan Dedhia: Founder & CEO of Railofy- Travel Tech Startup
Biography of Rohan Dedhia:
Early Career Beginnings
Rohan Dedhia embarked on his professional journey in 2008,
stepping into the world of finance as an Analyst at J.P. Morgan in Mumbai. This
role marked the beginning of a diverse and dynamic career, as he delved into
financial markets and investment strategies. His tenure at J.P. Morgan lasted
nearly three years, laying a strong foundation for his future endeavors.
Transition to Consulting
In 2013, Rohan transitioned to KPMG, where he took on the
role of Consultant. During his time at KPMG, he honed his skills in management
consulting, working on various projects that involved financial and strategic
planning. This experience further broadened his expertise and prepared him for
more significant challenges in the financial sector.
Rising through the Ranks
By mid-2014, Rohan joined Orios Venture Partners as an
Assistant Vice President. Here, he played a crucial role in the firm, focusing
on investment strategies and venture capital projects. His contributions helped
shape the firm’s investment portfolio and provided him with invaluable
experience in venture capital and startup ecosystems.
Founding Railofy
In September 2019, Rohan took a bold step by founding
Railofy, a travel tech startup based in Mumbai. Railofy aimed to revolutionize
train travel in India, addressing common issues like waitlisted tickets and
train cancellations. Under his leadership, Railofy began its mission to enhance
the train journey experience for travelers across the country.
Biography of Rohan Dedhia: Founder & CEO of Railofy- Travel Tech Startup/ Entrepreneur/Success story of Rohan Dedhia/ Age/Net worth/Railofy/IRCTC/story
Railofy’s Mission and Services
Railofy, established in 2018 by Rohan Dedhia, Vaibhav Saraf,
and Hrishabh Sanghvi, focuses on improving train travel experiences in India.
The company provides a range of services including travel guarantees for
waitlisted and RAC (Reservation Against Cancellation) passengers. If a train
ticket isn’t confirmed, Railofy offers alternatives like flight or bus tickets
at similar prices, ensuring travelers have reliable options.
Expansion and Growth
In its early stages, Railofy saw considerable interest, with
over 600,000 visits to its website within just 1.5 months of starting trials on
selected trains. This strong initial response indicated a significant demand for
the services Railofy was offering, setting the stage for future growth and
expansion.
Financial Backing and Investor Support
Railofy has successfully secured substantial funding to
support its expansion. As of February 2023, the company raised $2.27 million in
a seed funding round, adding to its total funding of $5.28 million over
multiple rounds. Prominent investors like Chiratae Ventures, Vevek Venture
Investments, and others have supported Railofy’s mission, recognizing its
potential in transforming train travel.
Railofy’s Unique Offerings
Railofy provides several unique services, including a
protection plan that allows passengers to purchase travel guarantees for their
train tickets. If a ticket is not confirmed, Railofy offers affordable flight
or bus options. The company also features a food delivery service for train
passengers, ensuring a more comfortable journey.
Company Structure and Workforce
As of 2024, Railofy employs around 56 people, reflecting its
growth and the expanding scope of its operations. Headquartered in Mumbai,
India, Railofy operates as a private company in the application software
sector, focusing on travel and hospitality tech.
Future Prospects
Railofy’s mission is to address the congestion and waitlist
issues prevalent in Indian railways. With ongoing support from investors and a
technology-driven approach, the company aims to expand its services across
India, continuously improving the travel experience for millions of passengers.
The Impact and Vision
Rohan Dedhia, through Railofy, envisions a future where
train travel in India is seamless and hassle-free. By addressing critical pain
points and leveraging technology, Railofy seeks to transform how people
experience train journeys, making them more reliable and enjoyable.
Timeline of Rohan Dedhia’s Career and Railofy’s Development
2008: Rohan starts as an Analyst at J.P. Morgan in Mumbai.
2013: Transitions to KPMG as a Consultant.
Mid-2014: Joins Orios Venture Partners as Assistant Vice
President.
September 2019: Founds Railofy, a travel tech startup.
Early 2020: Railofy begins trials on selected trains,
attracting significant interest.
February 2023: Raises $2.27 million in seed funding,
totaling $5.28 million.
2024: Railofy employs around 56 people and continues to
expand.
