TravelTriangle Raises Funding From Nandan Nilekani and Others
Travel Triangle, India’s fastest growing travel marketplace recently raised Rs 78 crore Series C funding from Fundamentum, a growth-capital fund for mid-stage tech startups in India financed by Nandan Nilekani and Sanjeev Aggarwal. This funding round also saw the participation of several existing investors such as SAIF Partners, Bessermer Venture Partners, RB investments and a handful of angel investors. This marks the first Fundamentum investment and the capital fund will join the board of TravelTriangle.
The funds raised will serve to enhance the TravelTriangle’s technology as the firm looks into improving their customer interaction segment with Artificial Intelligence (AI) and machine learning. Data analytics will serve to set up a recommendation engine.
The company is also lookin...
