YatriKart, a startup building a tech-powered convenience retail network for transit locations, has raised fresh funds from MMG Group, the Indian partner of McDonald’s and Coca-Cola, at a valuation of ₹100 crore. Existing investors—Artha Venture Fund, Fox Software Ventures, She Capital, and Shuru Up—also participated in the round.
Founded by Gaurav Rana and Shivangee Sharma, YatriKart operates smart kiosks and stores at busy transit points like metro stations, airports, and highways, helping small retailers grow with better margins and tech support. The startup also allows travellers to order essentials through its app and pick them up on the go.
With the new funding, YatriKart plans to expand its franchise network (using FOCO and FOFO models), enhance its tech platform, and improve its supply chain. It aims to open 5,000+ smart outlets across the country as part of a broader plan to create a “Retail-on-the-Go” ecosystem across India.
CEO Gaurav Rana said the MMG partnership will help them scale faster and offer services beyond retail, such as parcel drop, micro-ATMs, and utility access at public places like petrol stations, colleges, and hospitals.
MMG promoter Anant Agarwal described YatriKart as “India’s Blinkit for transit,” noting its asset-light model and potential in the $21.7 billion transit retail space.
