# Tripoto Travel Pvt.

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

- Industry: Internet
- Headquarters: New Delhi, India
- Website: www.tripoto.com
- Total disclosed funding: $39M
- Latest round: Series B (Mar 14, 2019)
- Investors on record: 12

## About

Tripoto Travel Pvt. Ltd. is a travel technology company that facilitates travel planning and community interaction. It serves as a hub for travelers to share experiences and access curated travel resources.Founded in 2013 in New Delhi, India, Tripoto Travel Pvt. Ltd. operates a platform enabling users to connect and share travel experiences. The company completed its most recent funding round, a Series B, on March 14, 2019, raising INR 244.88 million from investors including Hornbill Orchid Investment Manager and Lasmer NV. The founders, Anirudh Gupta and Michael Lyngdoh, have a strong background in entrepreneurship, although specific prior ventures are not detailed.Tripoto offers a comprehensive suite of products and services designed to facilitate travel planning and community engagement within the travel sector. The platform primarily serves as a travel community hub where users can share experiences, publish travel itineraries, and exchange travel-related content. Its core offerings include tour packages, travel guides, and curated trip itineraries, which are accessible to users looking for inspiration and planning assistance for their travels. Users can engage with various travel themes such as honeymoon destinations, wildlife tourism, and adventure trips, and benefit from a range of travel packages tailored for diverse geographical markets, including popular tourist destinations like the Maldives, Bali, and Europe. The company's customer base encompasses individual travelers, groups, and families seeking personalized travel experiences, making it a vital resource for both casual tourists and serious adventure seekers.In 2023, Tripoto recorded a revenue of INR 748,657, with an EBITDA of -INR 442,116.2. The company's revenue model is anchored in the sale of travel-related services and products that cater to both consumers and businesses. The firm generates income through direct transactions with customers, focusing on the sale of tour packages and travel guides. In this structure, customers typically engage with Tripoto's platform to explore and select travel packages that suit their preferences, leading to a seamless booking process. Partnerships with travel agents and service providers further enhance the company's revenue by facilitating bulk sales and special promotions. The pricing structure associated with their flagship offerings is designed to appeal to a broad audience, integrating various tiers of service aimed at different market segments. This multi-faceted approach enables Tripoto to effectively monetize its expansive travel community while providing valuable resources and support for its users.Tripoto plans to leverage its recent Series B funding of INR 244.88 million raised in March 2019 to enhance its service offerings and expand its geographical reach. The company is currently working on new features and products aimed at improving user experience, with a focus on launching these by the end of 2024. Additionally, Tripoto has identified potential expansion into markets such as Southeast Asia and Europe to tap into growing travel demands in these regions. This strategic direction aims to solidify Tripoto's presence in the travel industry and support its growth objectives.

## Funding rounds

- Series B, Mar 14, 2019, $3.5M — IDG Capital, 3one4Capital Advisors, Lasmer NV, Hornbill Orchid Investment Manager
- Series A, Oct 8, 2018, $0.3M — IDG Capital, 3one4Capital Advisors
- Series A, Jan 20, 2017, $1.7M — Chiratae Ventures, 3one4Capital Advisors, GWC Innovator Fund, Lasmer NV
- Series A, Oct 12, 2015, $31M — Chiratae Ventures, Sandbox Industries, 500 Global, AdvantEdge Founders, 3one4Capital Advisors
- Seed, Mar 19, 2015, $2M — Chiratae Ventures, Outbox Ventures
- Seed, Nov 15, 2014, $0.3M — Outbox Ventures, Palash Ventures, McCandless Management

## Investors

- Outbox Ventures (https://capitalatlas.ai/funds/outbox-ventures) — Seed
- Palash Ventures — Seed
- McCandless Management — Seed
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Seed, Series A
- Sandbox Industries (https://capitalatlas.ai/funds/sandbox-industries) — Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- AdvantEdge Founders (https://capitalatlas.ai/funds/advantedge-founders) — Series A
- 3one4Capital Advisors (https://capitalatlas.ai/funds/3one4capital-advisors) — Series A, Series B
- GWC Innovator Fund — Series A
- Lasmer NV — Series A, Series B
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B
- Hornbill Orchid Investment Manager — Series B