wordpress blog stats
Connect with us

Hi, what are you looking for?

Travel Triangle raises $8M from Bessemer Venture Partners & SAIF

Online marketplace for custom tour packages Travel Triangle has raised $8 million funding led by Bessemer Venture Partners, with participation from existing investor SAIF Partners, reports ET Tech. The funds will be used for product developments, adding travel packages from more destinations and hiring. Previously, Travel Triangle had secured Rs10 crore funding from SAIF Partners in July last year. TravelTriangle was founded in 2010 as a marketplace for travel agents who can create online customized tour packages for travellers. The website also enables customers to connect with travel agents anywhere, get tour quotations, customize the trip according to their preferences and book the plan directly. Online travel planning portals on a high Carrying on from last year, 2015 has been a great year so far for online travel planning portals. Even though online travel agents like MakeMyTrip, Cleartip and Yatra among others continue to command the lion's share of revenue generated in the online travel segment, there has been no dearth of funding and acquisitions in the online travel planning space. - Travel community startup Tripoto raised funding worth Rs 12.5 crores led by IDG Ventures, with participation from Outbox Ventures, in March. The startup had also raised seed funding worth $400,000 led by Outbox Ventures with participation from Palaash Ventures, in November last year. - In March this year, travel planning portal TripHobo also raised $3 million funding from Mayfield and existing investor Kalaari Capital. The startup had previously raised an undisclosed amount of funding from Kalaari Capital in June last year. - Earlier this…

Please subscribe/login to read the full story.
Written By

Free Reads

News

TRAI first introduced the idea of displaying the caller's name in a consultation paper back in 2022.

News

As per reports, the Unmanned Aerial Vehicles (UAVs) will be enabled with 5G capability and will be built to function in extreme temperatures and...

News

One of the X posts on Krutrim that blew up was about the AI model claiming that it was created by OpenAI as opposed...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

News

RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ