RailRestro to invest $20-30 million on widening network

30 Aug 2022 CW Team

Food tech company RailRestro will invest $20-30 million for building a robust logistics infrastructure and will undertake rapid expansion in coverage with a focus on the east, RailRestro co-founder and director Manish Chandra said recently.

Indian Railways' authorised catering partner Indian Railway Catering and Tourism Corporation (IRCTC) will be engaged in the delivery of restaurant food to passengers directly onto trains at selected railway stations.

“The process has begun and currently 100-plus stations are covered under direct delivery. By the end of this financial year, our delivery fleet will be available at all the serviceable stations," Manish Chandra said.

Chandra said that the firm will invest heavily in the model, and $20-30 million is expected to be invested in building its own fleet at a majority of the serviceable stations.

The firm said that currently it is offering food delivery service at about 450 stations as an aggregator. By the end of 2022, it was planning to double the number of serviceable stations.

Chandra said that the impetus for the company-owned delivery fleet has reduced delivery failures sharply, and at present now some top 300 stations contribute 70-80 per cent of the orders of an average of Rs 350. RailRestro has delivered 10 million meals to date, he added.

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..