Delhi-based B2B traveltech startup TravClan has raised $5 million in funding from Flipkart and investment firm August One, along with debt financing from Trifecta Capital.
With this round, TravClan has raised more than $11 million to date from investors including Leo Capital, The Ventures, Hashed, August One, Flipkart and a group of angel investors.
The startup said it will use the capital to deepen its global supply network, expand its technology and AI capabilities, and strengthen destination operations across key international markets.
TravClan sells to travel agents and travel businesses rather than to travellers. Its platform brings together supply, technology and fulfilment, and covers pricing, itinerary creation, bookings, payments, customer communication and on-ground support for flights, hotels, activities and international holiday packages.
The startup signs contracts directly with hotels and activity partners and runs its own ground teams across Southeast Asia, the Middle East and India. The startup said, it provides end-to-end destination services across more than 18 markets.
According to the startup, more than 15,000 travel agents across India use the platform, and it processes more than $100 million in annual travel sales. Roughly 40% of its business now comes from Tier II and Tier III cities.
“The next generation of travel software will not just help sellers search faster. It will increasingly execute work for them,” said Arun Bagaria, co-founder and CEO of TravClan.
“ Our ambition is to make TravClan the infrastructure that any travel business can build on instead of having to recreate the entire travel stack itself.
Source link







