# Holiday Triangle Travel Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/holiday-triangle-travel-pvt

- Industry: Travel & Leisure
- Headquarters: Gurugram, India
- Website: www.traveltriangle.com
- Total disclosed funding: $43M
- Latest round: Series D (Oct 18, 2019)
- Investors on record: 5

## About

Holiday Triangle Travel Pvt. Ltd. is an Indian online marketplace that connects travelers with local travel agents, offering tailored holiday packages for various destinations, enhancing travel planning with personalized options.Founded in 2011 in Gurugram, India, Holiday Triangle Travel Pvt. Ltd. specializes in providing an online platform for travelers to connect with a network of verified travel agents. The company has successfully raised INR 886.85 mn in Series D funding in October 2019 from notable investors including Bessemer Venture Partners and Elevation Capital. Prabhat Gupta and Sankalp Agarwal co-founded the company, aiming to simplify travel planning for consumers. The company has successfully completed eight funding deals to date, with the most recent being on October 18, 2019, raising a total of INR 886.85 mn, which reflects its strong market position and growth potential.Travel Triangle operates as an online marketplace, connecting travelers with over 650 verified local travel agents for personalized holiday packages. Their offerings include customized tour packages for domestic and international destinations catering to diverse travel preferences. Customers select their ideal package and receive multiple quotes from verified travel experts, allowing tailored holiday experiences suited to individual needs and budgets. Services extend across Indian destinations and international locales, including regions in Southeast Asia, Europe, and the Middle East.In 2019, Travel Triangle reported a revenue of INR 4,275,861.40, while experiencing an EBITDA of -INR 6,800,184.70. The company generates revenue through transaction-based fees charged to travel agents for each booking made via its platform, maintaining a B2B model by partnering with local agents to facilitate customer bookings without directly managing travel services.Following the Series D funding round completed in October 2019, Holiday Triangle Travel Pvt. Ltd. plans to utilize the raised funds to enhance its technology and expand its marketplace offerings. The company aims to introduce new products aimed at simplifying the travel planning process further and is exploring expansion into additional international markets by 2022, targeting regions that align with growing travel trends.

## Funding rounds

- Series D, Oct 18, 2019, $13M — Bessemer Venture Partners, Elevation Capital, RB Investments, The Fundamentum Partnership, KB Global Platform Fund
- Series C, Mar 26, 2018, $11M — Bessemer Venture Partners, Elevation Capital, RB Investments, The Fundamentum Partnership
- Series B, Feb 7, 2017, $10M — Bessemer Venture Partners, Elevation Capital, RB Investments
- Series B, May 8, 2015, $7.8M — Bessemer Venture Partners, Elevation Capital
- Series A, Jul 10, 2014, $1.7M — Elevation Capital

## Investors

- Elevation Capital — Series A, Series B, Series C, Series D
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B, Series C, Series D
- RB Investments (https://capitalatlas.ai/funds/rb-investments) — Series B, Series C, Series D
- The Fundamentum Partnership (https://capitalatlas.ai/funds/the-fundamentum-partnership) — Series C, Series D
- KB Global Platform Fund — Series D