business
TravClan Raises $5 Million From Flipkart And August One
TravClan raised $5 million from Flipkart and August One
Key points
- TravClan raised $5 million from Flipkart and August One, with additional debt financing from Trifecta Capital.
- The company processes more than $100 million in annual travel sales through a network of over 15,000 travel agents in India.
- Approximately 40 percent of TravClan's business originates from Tier-II and Tier-III cities.
Why it matters. The funding allows TravClan to expand its global supply network and AI capabilities to provide infrastructure for other travel businesses.
B2B travel technology company TravClan has raised $5 million from Flipkart and August One, alongside debt financing from Trifecta Capital. The company intends to use the capital to expand its global supply network, strengthen AI capabilities, and scale destination operations in international markets. This brings TravClan's total funding to over $11 million to date.
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TravClan Raises $5 Million From Flipkart And August One
Delhi-based B2B travel technology company TravClan announced on Thursday that it has raised $5 million. The funding round included investments from e-commerce giant Flipkart and August One, alongside debt financing from Trifecta Capital. This brings the company's total funding to over $11 million to date, including previous backing from Leo Capital. The startup intends to use the new capital to scale destination operations in international markets and strengthen its AI-driven technology.