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TripFactory, a global travel platform with a footprint in India, has secured USD 50 million in Series A funding from a prominent international corporate group based in India. This investment brings the company’s valuation to half a billion dollars.
Founded by Vinay Gupta alongside a team of entrepreneurs including Amit Aggarwal, Varun Gupta, Deepak Khurana, Ankit Agarwal, Ankush Agarwal, Ali Asger Lightwala, and Ahmed Khan, TripFactory has swiftly expanded its global operations in the wake of the covid-19 pandemic.
The Singapore-based company now operates in over 110 countries, collaborating with travel agents and industry partners to offer customised vacation packages through its advanced platform. Consumers can easily book their dream vacations via the TripFactory website (www.tripfactory.com) or receive personalised vacation planning assistance from the company’s experts.
TripFactory’s innovative platform integrates on-ground logistics and service delivery, ensuring an outstanding travel experience for its users. As the demand for travel surges in the post-pandemic era, India has emerged as a key source market for international tourism. TripFactory is well-positioned to meet this demand with its unique value proposition. Notable new investors joining the captable in this funding round include Vani Kola, Mohandas Pai, and Ranjan Pai.
