TripFactory.com, a Bangalore, India-based online holiday store, secured an undisclosed amount of Series A funding.
The round was led by Aarin Capital Partners, which was founded by Mohandas Pai and Dr Ranjan Pai.
The new round of funding will be used by the company to grow the business as well as invest in building a technology team and mobile expertise.
Launched in 2014 by ex-Via founders Vinay Gupta and Amit Aggarwal, TripFactory is an online customized holiday store, which provides packages curated by tour experts and travel operators that travellers can further enhance.
The company, which provides choice from over 10,000 holidays at over 100 destinations, has sold around 4,000 holidays with a gross value of over US$ 2 mn in its first year of operations.
TripFactory also partners with Airlines such Jet Airways, Indigo, Go Air, SpiceJet & Air Costa to power holidays and flight + hotels on their own websites.
FinSMEs
31/07/2015