TripHobo has joined Amadeus Next, an Asia Pacific startup community, which will let it integrate flight search solutions for its users. Amadeus will help TripHobo to build new features like end to end trip planning and help with its market strategy.
Amadeus Next gives travel startups advice, research and market reports, technology, branding, reach and access to entrepreneurs and funding in the fields of IoT, mobile, payments, content, personalisation, sharing economy and business intelligence among others.
In the statement, Saket Newaskar, co-founder and CTO of TripHobo said, “Being part of Amadeus Next will enable us to scale our technology to create and recommend the best trip plans for our users. TripHobo.com aims to cater to travellers at every stage of the travel planning process by providing one platform to create personalised travel itineraries and hassle free bookings. Amadeus’ expert advice will enable us to accelerate product development and reach customers even faster.”
Skyscanner partnership: In June last year, TripHobo (formerly known as JoGuru) partnered with travel price comparison platform Skyscanner to allow users to compare prices of hotels, flights and car rentals. Under the deal, TripHobo would use Skyscanner’s business APIs to provide real-time information about pricing of hotels, flights and taxis. At that time, it mentioned that it offered user-created itineraries and curated content for 500 tourist cities across the world, with plans to add 18,000-20,000 cities and towns on the platform by December 2015.
Funding: In March 2015, it raised $3 million in a Series B funding from Mayfield and existing investor Kalaari Capital. The platform had previously raised an undisclosed amount ($450,000 according to the company’s current statement) of funding from Kalaari Capital in June 2014. The company has previously also tied up with Expedia, Zomato and Booking.com, and offers flight booking and comparison with trip planning.
Developments in the online travel sector:
– Last month, travel search engine Skyscanner raised $192 million from Khazanah Nasional Berhad, the Malaysian government’s investment fund and Yahoo! Japan among other investors.
– Same month, travel booking website Yatra acqui-hired the trip planning startup Travel-logs for an undisclosed amount.
– In November 2015, travel search marketplace Ixigo launched a meta search called Super Value Hotels for curated budget hotels on its platform.
– The same month, online travel agencies (OTAs) like MakeMyTrip and Yatra decided to delist budget hotel aggregators Oyo and Zo Rooms from its platforms. MakeMyTrip then went on to launch its own budget hotel aggregation platform called Value+.
– Again the same month, Cleartrip launched a rewards program called Cleartrip Rewards, offering free Activities on domestic and international flights and hotels bookings.
– Early last year, Google introduced a new feature letting users search, compare and book flights via its search engine on desktops, mobiles and tablets.
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