TripFactory
 | |
| Industry |
Travel Technolology |
|---|---|
| Founded | 2013 |
| Founders |
Vinay Gupta[1] Amit Aggarwal[1] Dinesh Gupta |
| Headquarters | Bengaluru, India |
Key people |
Vinay Gupta, Chairman Amit Aggarwal, CEO Dinesh Gupta |
| Website |
www |
TripFactory is an online travel company that provides holiday packages for travellers. The company is based in Bangalore, India with offices in the United States and allows packages to be customized based on location and activities.
History
TripFactory was founded by Vinay Gupta and Amit Aggarwal in November 2013.[2] Gupta serves as the Chairman of TripFactory, while Aggarwal serves as CEO. The company was launched with $2 million in seed funding[3] and in its first year of operation sold approximately 4,000 vacation packaged with a gross value of over $2 million.
TripFactory received $10 million in Series A funding in 2015, led by T.V. Mohandas Pai and Ranjan Pai of Aarin Capital Partners. The funding was reported to be used for development of infrastructure, more specifically to connect advisors and agents with travelers.[4] The company reported that funding would also be used to expand internationally.[4] TripFactory is based in India and has offices in the United States.[3]
Services
TripFactory provides vacation packages that can be customized to local travel. It uses an algorithm to help users search for and book customized holiday packages.[5] TripFactory provides real-time customization of holiday packages using search, content, and social recommendations combined on a single platform.[6] TripFactory has over 10,000 vacation packages to over 100 destinations. It also partners with leading hotel chains and airlines such as Jet Airways, Go Air, SpiceJet, and Air Costa.[7]
References
- 1 2 Abudheen, Sainul K (22 July 2013). "Excl: Via.com founders launching new travel search venture Trip Factory". Tech Circle. Retrieved 12 August 2015.
- ↑ Chaudhary, Apurva (23 July 2013). "Via.com Founders To Launch Travel Recommendation Startup Tripfactory". Medianama. Retrieved 12 August 2015.
- 1 2 Chakraborty, Kahini (12 November 2014). "TripFactory.com to invest in technological upgradation". Financial Express. Retrieved 12 August 2015.
- 1 2 "TripFactory raises $10 million in Series A from Aarin Capital". Business Standard. 31 July 2015. Retrieved 12 August 2015.
- ↑ Shrivastava, Aditi (9 July 2014). "Travel startup Zostel, Trip Factory, Oravel clone global businesses to suit tourist interests". Economic Times. Retrieved 12 August 2015.
- ↑ Fok, Evelyn; Bureau, ET (31 July 2015). "Aarin Capital powers TripFactory, raises undisclosed Series-A funding". Economic Times. Retrieved 12 August 2015.
- ↑ "TripFactory raises Series A funding from Aarin Capital". Financial Express. 5 August 2015. Retrieved 12 August 2015.