# Bellugg Group Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bellugg-group-company

- Industry: Consumer Services
- Headquarters: Bangkok, Thailand
- Website: www.bellugg.com
- Latest round: Seed (Oct 3, 2019)
- Investors on record: 1

## About

Bellugg Group Company Limited offers specialized luggage delivery services, alleviating travel-related anxiety by allowing customers to track their luggage in real-time, ensuring security and peace of mind throughout their journey.Founded in 2016 in Bangkok, Thailand, Bellugg Group Company Limited provides a unique luggage delivery solution that facilitates seamless travel by enabling clients to send their luggage directly to their destination. The company was co-founded by Sipavich Dhumrongvaraporn and Sithi Nerngchamnong, with Sipavich serving as the CEO. Bellugg has secured funding through a SEED round, raising an undisclosed amount from investors 500 TukTuks and Expara on October 3, 2019. As of 2022, the company has completed one deal.Bellugg specializes in luggage delivery services, providing a solution that addresses the common concerns associated with traveling, particularly the anxiety of leaving personal belongings with unfamiliar individuals. Their core service allows travelers to track the status of their luggage in real-time, thereby ensuring transparency and peace of mind. This service is designed for a diverse clientele, including individual travelers, families, and business professionals, primarily targeting markets in Thailand and potentially expanding to other international travel hubs. By offering a high-standard, trustworthy, and secure method for luggage delivery, Bellugg aims to enhance the travel experience while saving time for their users, fundamentally transforming how luggage logistics are managed.In the most recent financial year of 2022, Bellugg reported revenue of USD 417,629.4 with an EBITDA of USD 190,436.9. The revenue model is primarily derived from its luggage delivery services, where customers book and pay for their luggage delivery in advance, selecting options based on their needs, which are priced according to weight, volume, and delivery distance.Bellugg is focused on expanding its service offerings and geographic reach. The company is currently designing new product features aimed at enhancing the customer experience, with plans to introduce these innovations by the end of 2023. Additionally, Bellugg is targeting expansion into other international markets beyond Thailand to reach more travelers by 2024. The funding raised in October 2019 is expected to be utilized to support these growth initiatives, allowing Bellugg to enhance its operational capabilities and marketing efforts to establish a foothold in new regions.

## Funding rounds

- Seed, Oct 3, 2019 — Expara

## Investors

- Expara (https://capitalatlas.ai/funds/expara) — Seed