Bengaluru-based traveltech startup Trip Cabinet has raised $6.5 million in a funding round to support its growth plans and drive innovation in its offerings.
"This investment will effectively boost our next level of growth. We aim to improve our technological strength, expand our market presence, and develop new, sophisticated, and personalised travel packages," said founder Vijay Arora.
Purpose of fundraising
According to Arora, the raised capital will also be used to strengthen the startup's basic functioning and products.
“A good percentage of the capital expenditure will be directed towards developing a better online environment for Trip Cabinet clients. Upgrading this chain will allow the customer to take a smooth journey throughout the planning phase right through to implementation," Arora added.
Additionally, the funding will also bolster marketing efforts, enabling comprehensive branding campaigns both nationally and internationally.
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What does Trip
Bengaluru-based traveltech startup Trip Cabinet has raised $6.5 million in a funding round to support its growth plans and drive innovation in its offerings.
"This investment will effectively boost our next level of growth. We aim to improve our technological strength, expand our market presence, and develop new, sophisticated, and personalised travel packages," said founder Vijay Arora.
Purpose of fundraising
According to Arora, the raised capital will also be used to strengthen the startup's basic functioning and products.
“A good percentage of the capital expenditure will be directed towards developing a better online environment for Trip Cabinet clients. Upgrading this chain will allow the customer to take a smooth journey throughout the planning phase right through to implementation," Arora added.
Additionally, the funding will also bolster marketing efforts, enabling comprehensive branding campaigns both nationally and internationally.
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What does Trip Cabinet do?
Founded by Vijay Arora, Trip Cabinet aims to simplify travel planning. The startup specialises in curating exceptional travel experiences to exotic destinations such as Singapore, Malaysia, Maldives, and Mauritius.
It plans to diversify its product offerings, introducing unique travel products tailored to specific market segments.
"Innovation is our evergreen working principle. This funding will help us expand our range of services and develop novelties that set us apart from competitors," Arora said.
Trip Cabinet's business model revolves around providing personalised itineraries, quality accommodations, seamless logistics, and 24/7 customer support.
"This funding is not just an endorsement of our business model, but also a vote of confidence in our vision for the travel industry. We are committed to optimising these funds to deliver our customers the best travel products and services," Arora added.
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