Online Travel Destination Platform Guiddoo Raises 2 Crore Funding
Guiddoo an in-destination platform that offers information on tours and activities, dining and shopping options to Indian travelers going abroad has raised USD 300,000 (about Rs 2 crore) from a clutch of investors.
The company would utilise the funds to support product and technology development through its newly-opened technology and data unit based in Pune, according to a statement.
Part of the funds would also be utilised towards building pan-India distribution for its tours, activities and holidays products.
"Guiddoo has raised funding of USD 300,000 in Pre- Series A funding by existing investors Pawan Borle and Nirmal Singh as well as new investors including Manish Prasad, Vineet Varma, Nick Haulkoury, and Abhai S. Rao," the statement added.