Bengaluru-based travel tech startup Trip Cabinet has raised $6.5 million in a roundup of… funds round to support its growth plans and drive innovation in its offerings.
“This investment will effectively fuel our next level of growth. We aim to enhance our technological strength, expand our market presence and develop new, sophisticated and customized travel packages,” said founder Vijay Arora.
Purpose of fundraising
According to Arora, the capital raised will also be used to strengthen the startup’s core operations and products.
“A good percentage of the capital investment will go towards developing a better online environment for Trip Cabinet customers. Upgrading this chain will enable the customer to have a smooth journey throughout the planning phase through to implementation,” Arora added.
In addition, the funding will also bolster marketing efforts, enabling comprehensive branding campaigns both domestically and internationally.
Subscribe to our newsletter for a daily summary of the startup ecosystem
What does Trip Cabinet do?
Trip Cabinet, founded by Vijay Arora, aims to simplify travel planning. The startup specializes in organizing exceptional travel experiences to exotic destinations such as Singapore, Malaysia, Maldives and Mauritius.
It plans to diversify its product offering by introducing unique travel products tailored to specific market segments.
“Innovation is our constant working principle. This funding will help us expand our range of services and develop new features that will differentiate us from our competitors,” said Arora.
Trip Cabinet’s business model revolves around offering customized itineraries, quality accommodations, seamless logistics and 24/7 customer support.
“This funding is not only an endorsement of our business model, but also a vote of confidence in our vision for the travel industry. We are committed to leveraging these funds to offer our customers the best travel products and services,” Arora added.
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.