Pune-based trip planning startup TripHobo (earlier known as JoGuru) has raised an undisclosed amount of investment in Series A funding from Kalaari Capital.
It’s worth noting that a TechCircle report cites a top company executive to suggest that TripHobo has raised under Rs 20 crore in this round, however the company declined to comment on this to Medianama. The company had earlier raised $400,000 investment from a Pune-based angel investor in 2012.
TripHobo plans to use the investment raised to increase the number of itineraries and content for travel destinations on its platform as well as improve its platform.
Founded in 2012 as JoGuru, TripHobo allows travellers to browse through a collection of crowd-sourced travel itineraries. One can either make use of the existing travel itineraries or edit the existing travel itineraries to change the listed attractions as per their preference.
It claims to currently have more than 25,000 itineraries from around 200 cities globally. In addition, TripHobo also claims to provide planning related information for over 30,000 points of interest and enables users to book hotels through an affiliate partnership with Booking.com. A mobile app is also in the works, which is expected to be launched in November this year, according to the TechCircle report.
Other players in this segment include Mygola which had raised $1.5 million from Helion Venture Partners in October last year. Social travel marketplace Touristlink had also raised undisclosed amount of seed funding from the African accelerator 88mph.ac and a group of private investors in the same month.
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