Wednesday, April 24

Tag: TravelTriangle

TravelTriangle Raises Funding From Nandan Nilekani and Others
11Apr By Sheldan RungasamyNo Comments
FUNDING

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...
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Online Travel Portal TravelTriangle Raises $10 Million Funding
7Feb By PriyankaNo Comments
FUNDING

Online Travel Portal TravelTriangle Raises $10 Million Funding

Online travel firm TravelTriangle has raised USD 10 million (over Rs 67 crore) in series B funding led by Singapore-based VC firm RB Investments. The company's existing investors SAIF Partners and Silicon Valley venture fund Bessemer Venture Partners also participated in the funding round, TravelTriangle said in a statement. Commenting on the development, TravelTriangle Co-Founder and CEO Sankalp Agarwal said: "We have grown faster than OTAs in the leisure segment and now fast approaching their scale. With the association with RB Investments in this round we will achieve our vision faster". The current round of fund infusion will be utilised for providing better value to customers and ramping up team, the company said. "We see TravelTriangle marketplace as the key beneficiar...
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