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Travel tech company Rimigo raises $550K in pre-seed round

EntrackrEntrackr · 4m ago
Travel tech company Rimigo raises $550K in pre-seed round
Medial

Travel-tech company Rimigo raises $550K in pre-seed round Travel-tech company Rimigo has secured $550,000 in a pre-seed funding round co-led by Japan-based Reazon Capital and SGgrow Capital. The round also witnessed participation from Indian angel investors such as S Ramadorai, Ravi Nigam, Shashank Deshpande, and Ujjwal Jain. The proceeds will be used to fuel product development, hire talent, and expand its team of travel and technology experts, Rimigo said in a press release. Co-founded in 2014 by Sahil Sharma, Shubham Chintalwar, and Aditya Shirole, Rimigo aims to simplify international travel with integrated collaborative tools, AI-driven personalisation, and curated travel insights. The platform offers an AI-driven end-to-end vacation planning solution, where users simply specify their destination and vacation preferences, and the platform generates detailed itineraries, flight recommendations, curated accommodation, dining, and activity options. According to the Bengaluru-based company, it addresses key challenges travellers face such as complex processes, information overload, limited personalisation, and local expertise. Rimigo says that it will combine collaborative tools with AI-powered guidance and curated booking options to make international travel more accessible and enjoyable. With advances in AI, it plans to create a unique opportunity for personalised vacation planning experience. Rimigo claims that it has already organised over 120 vacations in a beta phase and around 50 of these trips have been completed, with many users planning their next vacations with them or referring their friends. The remaining 70 trips are still in the planning stage.

AI won’t fix the ‘broken trip’ experience in travel: Skyscanner CEO

LivemintLivemint · 10m ago
AI won’t fix the ‘broken trip’ experience in travel: Skyscanner CEO
Medial

Artificial intelligence (AI) may revolutionize trip planning, but it won't solve deeper issues in the travel industry, says John Mangelaars, CEO of Skyscanner. While AI can tailor information and provide ideas for travel, it can't address problems such as separate platforms for flight and car bookings. Policy decisions globally are needed to drive change in the sector. Mangelaars also highlights India's potential in the travel industry, particularly among millennials who are increasingly opting for flights over trains and seeking both quality experiences and good deals. Skyscanner's "go everywhere" feature, which shows cheapest travel options, is popular in India. However, high ticket prices could drive customers away from airlines, warns Mangelaars.

Backed by $10M Series A, TravelJoy is riding the post-COVID demand for expert travel planning

TechCrunchTechCrunch · 1y ago
Backed by $10M Series A, TravelJoy is riding the post-COVID demand for expert travel planning
Medial

TravelJoy, a travel-focused startup providing tools for travel entrepreneurs, has thrived despite the pandemic. The company is now facilitating over $1 billion in annual spend for its customers as interest in travel rebounds post-pandemic. Co-founder and CEO Dayo Esho drew inspiration from his experiences in the travel industry, and he teamed up with co-founder CTO Chris Kline to build TravelJoy. The software helps travel entrepreneurs compete with DIY travel planning tools and consolidates their workflow through CRM, messaging, payments, and more. The company recently raised a $10 million Series A funding round and plans to incorporate AI features into its platform.

Google wants to use generative AI to build travel itineraries for your vacations

TechCrunchTechCrunch · 1y ago
Google wants to use generative AI to build travel itineraries for your vacations
Medial

Google is introducing new travel updates to its Search Generative Experience (SGE) that allow users to build travel itineraries and trip ideas using AI. Currently available only to those enrolled in Search Labs, the feature provides sample itineraries for users' requested trips, including attractions, restaurants, and flight and hotel options. Itineraries can be exported to Gmail, Docs, or Maps. Google's move into the travel planning space aims to gather data about travel purchasing intent and user interest in such services. Additionally, Google Maps now offers curated lists of recommendations from publishers and other users in select cities, making it easier for users to discover places to go.

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