TripFactory, a Singapore-based global travel platform, raised $50M in Series A funding.
The investor was an unamed International Corporate Group headquartered in India. The deal values the company at half a billion dollars.
The company intends to use the funds to expand operations and its development efforts.
Founded by Vinay Gupta and a team of entrepreneurs, including Amit Aggarwal, Varun Gupta, Deepak Khurana, Ankit Agarwal, Ankush Agarwal, Ali Asger Lightwala, and Ahmed Khan, TripFactory partners with travel agents and industry stakeholders to offer customised vacation packages through its advanced platform. Consumers can book their holidays via the website or seek personalized vacation planning from the company’s experts.
The company collaborates with channel partners across 110 countries and 1,700 cities, offering vacation packages in 32,000 cities worldwide. It has over 800 employees in 62 countries.
FinSMEs
29/10/2024