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Home News

Tripoto Secures $3.6 mn From Orchid India and others

by Udit
April 12, 2019
in News, Startups
Reading Time: 1 min read
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Tripoto Secures $3.6 mn From Orchid India and others
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Tripoto Travel Pvt Ltd, the startup which enables the users to discover the travel itineraries as well as to book a hotel and the holiday packages have now secured Rs 25 core in the funding round of Series B.

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The backers include the Hornbill Orchid India, Chiratae Ventures, Lasmer NV, 3one4 Capital, and Orchid India. The startup has secured a total of Rs 50 crore since it came into the market.

The fresh funds will be going to be utilized to further grow the marketplace and community, according to the report. Tripoto has also identified a bunch of new focus areas which includes the short video, influencer commerce, and vernacular content.

Tripoto is a full stack platform that brings the user-generated travel content, marketplace, and community to a single platform. Tripoto which even enables the users to crowdsource travel share experiences and itineraries was founded by the Michael Pargal and Anirudh in the year 2013.

Tripoto claims to have created more than 2 million itineraries with the photographs and videos over the past five years and currently clocks to more than six monthly active users.

“Our aim is to scale both the consumer and enterprise sides of the platform. On the consumer front, we want to capture the entire lifecycle of a traveler—everything from getting inspired, discovering, planning and, finally, carrying out the transaction. On the business front, we want to act as an enabler for travel agents and bring them online as an essential component of our community,” says Gupta, co-founder, and chief executive, Tripoto.

Picture Credits: Tripoto

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