Travel Tech Company Goomo Raises $50 Million Funding from Emerging India

goomo raises funding

05 June 2017, India:

Mumbai and Singapore-based travel tech company Goomo has raised $50 million in the latest round of funding led by private equity firm Emerging India.

Goomo is a travel tech company focused on providing travel and mobility solutions to individuals & corporates. We aspire to make travel a seamless, hassle-free experience and help people live more meaningful lives. It is working towards providing 360-degree accessibility through a user-friendly website, mobile applications, a multi-lingual call centre, and a countrywide network of travel agents.

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“Goomo is being built ground up to be an omni-channel platform that will facilitate corporate and consumer travel bookings across online and offline channels,” Varun Gupta, chief executive, Goomo said in a statement.

“The travel industry in India offers immense opportunities for growth and consolidation. Over the past 12 months, we have built a great team with a strong foundation. We are excited about the growth prospects of the business and expect the team to create a great India-focused travel distribution business in the next 2-3 years,” a fund spokesperson said.

Headquartered in Mumbai, Goomo currently has over 300 employees across 15 cities in India & Germany.

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