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TravelTriangle revolutionizing travel industry post $8 Million funding from Bessemer Venture & SAIF Partners

New Delhi, July 15, 2015:  Historically, the Indian leisure traveler traveled the globe on fixed group packages. These fixed packages involved traveling with a group of 20-50 people on a fixed itinerary with no flexibility or customization on offer. Enter Travel Triangle, India’s leading holiday marketplace, which provides travelers with unlimited choice and customization for their domestic and international travel. The company leverages deep technology to enable the traveler to discover, plan and flawlessly execute their travel plans.

Post the company’s latest funding round of $8 million from Bessemer Venture Partners & SAIF Partners, TravelTriangle has grown rapidly to serve over 15,000 travelers. The three year old company is helping customers from more than 60 countries to plan and design holidays according to their interests, destination of choice and budget. With more than 40 destinations in the offering and many more to be added in the near future, the traveler can have unlimited customized itineraries. The company is well on its way to realize its vision to transform the tourism landscape in the country.

A traveler can easily design a customized travel plan using multiple holiday options, on the company’s website, based on his destination of choice or interests, like adventure, nature, pilgrimage and many more. The TravelTriangle platform then connects travel experts and travelers based on the travelers’ specific requirements. Finally, the traveler receives not one, but three options for the holiday. The platform has implemented multiple checks and balances to ensure the quality of service is delivered.

Currently based in NCR (Noida and Gurgaon), the company is looking to open offices in other parts of the country as well, notably Bangalore and Mumbai.

“There is a huge pent up demand for customized holidays.  A product which provides 10 times (10X) the travel experience along with value for money to the traveler is definitely worth investing. What is even better is the level of customization and choice a traveler gets on the TravelTriangle platform which enhances his experience exponentially. A high quality experience is assured by the fact that travel experts are always in touch with the traveler, even while on the trip, to take care of any challenges,” says Raghav Bahl of Bessemer Venture Partners.

Taking the technology factor into account, Mukul Singhal of SAIF Partners says, “Use of deep technology to understand traveler preferences and then connecting them with the right travel expert is a key differentiator in TravelTriangle’s business model. The company has been able to leverage technology to provide a wow experience to the consumer and also, scale up at a rapid pace to be the market leader in its category.”

Speaking about the company’s mantra, Sankalp Agarwal, Co-Founder & CEO, TravelTriangle said, “Improving holiday planning, booking and experience on the trip has been our core mandate. We not only provide customers with an unparalleled travel experience, but also endeavor to connect the local travel business experts to the benefits of e-commerce. This latest investment has been instrumental in our recent expansion drives. We are not only the category leader in fulfilment of holidays, but also have a high traveler happiness quotient which is reflectedin the 94% positive customer reviews.”

“We would also be focusing a lot on providing travelers with better tools to plan their holiday and travel agents to fulfill the needs of travelers over and above our current set. We have been working in stealth mode to prepare all the necessary elements for the rapid growth. With funding from amazing investors, a wonderful team and a great product we believe we are set to nail it,” he added.

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