Byond Travel, a Bengaluru-based, experience-focused travel platform, is looking at raising anywhere between $1 million and $3 million in a Series-A round of funding to build team, expand into multiple geographies and for customer acquisitions, according to its founder Vikram Ahuja. The four-month-old company, the first startup out of Kyron’s Innovation Labs, had raised an initial seed round of $100,000 from Kyron Angel Network. Ahuja is a founding partner at Kyron, a global startup accelerator and capital (VC) funding firm based out of Bengaluru. “A couple of private equity players, and some international firms that are involved in the travel domain having networks in South Asia, are evincing interest in investing in us. We should be completing the fund-raising exercise within this calendar year,” he said. ALSO READ: India moves up on global travel & tourism list to 52nd place Byond Travel, which went live two months ago, currently features over 100 destinations and experiences across 40 countries.
It is planning to have 300 destinations across 100 countries in six to nine months from now. Byond’s packages range from Rs 50,000 to Rs 1.5 lakh per traveller depending on the destination and the experience. The business model of Byond is different from other travel websites as it is an expert in on-ground travel operations and logistics, which means that unlike other websites, Byond has the capability to fulfil its own trips, Ahuja said. “For example, we encourage fishing with local fisherman in Kerala, and participating in husky rides in Finland,” he added.