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Travel-tech startup Ziptrrip raises pre-seed round

EntrackrEntrackr · 1y ago
Travel-tech startup Ziptrrip raises pre-seed round
Medial

Travel-tech SaaS startup Ziptrrip has raised Rs 2 crore in a pre-seed funding round from angel investors including Anil K Jha, Prantik Dasgupta, and others. The new proceeds will be deployed towards market expansion, enhance its team-building efforts and drive continuous product innovation, Ziptrrip said in a press release. Co-founded in 2020 by Shan Prabhakaran and Rishabh Agarwal, Ziptrrip offers a comprehensive end-to-end solution that integrates travel bookings and expense management. The platform empowers businesses to efficiently manage both travel and expenses within a single, unified interface. According to Ziptrrip, it eliminates reliance on traditional travel agents by offering zero markup, best-in-industry pricing, and access to corporate fares with minimal cancellation fees, along with a suite of other benefits. The platform leverages advanced technology and AI and analyzes customer travel patterns and policy compliance to deliver the valuable fares through a meta-supply backend. Ziptrrip claims to have partnered with more than 250 corporate clients and maintained profitability since inception. The major startups in this space are Ixigo, Adventure Monk Services, About Saffronstays, Holiday Triangle, About Tripbuilder, et al.

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Startup news and updates: Daily roundup (August 12, 2024)

YourStoryYourStory · 1y ago
Startup news and updates: Daily roundup (August 12, 2024)
Medial

Mumbai-based luxury men's brand, Haldèn has raised Rs 5 crore in a seed funding round led by Prajay Advisors. Infinyte.Club, an investment platform, raised $3.6 million in seed funding led by Elevation Capital. AI-driven travel tech startup Ziptrrip secured Rs 2 crore in pre-seed funding. HealthCRED, a healthcare finance platform, raised $1.2 million in a seed funding round. Real estate technology platform Truva raised $3 million in seed funding. MiClient, an AI-driven B2B sales enablement platform, secured Rs 3.9 crore in seed funding. Gupshup, a conversational experience cloud company, hired 20% more employees to meet demand. Adukale, a domestic snacks brand, received funding from NuVentures. US grocery conglomerate Hy-Vee opened an office in Bengaluru. Standard Chartered Bank named Aditya Mandloi as Head of Wealth and Retail Banking in India and South Asia. Asset management firm Pace360 launched a new PMS strategy called Tresor Smart Alpha. KL Rahul invested in AI-powered mixed-reality publishing platform Flam. Karan Johar joined the Fashion Entrepreneur Fund as investor and promoter. CARS24 launched a super app offering various car-related services. T-Hub selected 20 startups for its sustainability cohort. Former India cricket captain Sourav Ganguly joined the board of consulting firm Blue Ocean Corporation as Non-Executive Director.

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.

Passprt Trips raises $500K in pre-seed round led by Aroa Venture Partners

EntrackrEntrackr · 1m ago
Passprt Trips raises $500K in pre-seed round led by Aroa Venture Partners
Medial

Travel startup Passprt Trips has raised $500K in a pre-seed funding round led by Aroa Venture Partners. The proceeds will be used to enhance its product, grow its traveller community, and expand operations to 20 destinations across APAC and the Middle East in the next three months. Founded in 2023 by Ujjwal Garg and Manoj Rai, the firm offers a personal travel advisor platform that helps users discover, plan, and book holidays with real-time assistance. Passprt Trips is building a vertical AI stack for travel using community-contributed data and a deeply integrated supply network. The platform unifies the fragmented travel journey from inspiration and planning to bookings and on-trip support into a single interface, offering hyper-personalised and flexible travel solutions.

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