Home / Companies / Start Ups / TravClan closes Pre-Series-A round of $4.7 mn led by Hashed Emergent

TravClan closes Pre-Series-A round of $4.7 mn led by Hashed Emergent

The company's target is to grow to $500 million GMV run rate with more than 300 employees by the end of FY23

money, cash, investment, stocks, tax, funds, investors, investment, shares, lenders, lending, loans, funding

Premium

2 min read Last Updated : Apr 28 2022 | 8:31 PM IST

B2B travel company TravClan, has raised $4.7 million in its extended Pre-Series A funding round, led by Hashed Emergent Fund and angel investors.

TravClan’s prominent angel investors include Nick Talwar (CEO at Circle Up), Aayush Phumbra (former cofounder of Chegg), Travis Katz (former cofounder of Trip.com), Pritesh Gupta (former cofounder of Zipgo), and Vikram Chopra and Mehul Agrawal (cofounders of Cars24).

“Offline travel agents sell $500 billion plus worth of bookings every year. Covid has accelerated the need and demand from travel agents to digitise their operations. Our platform is enabling travel companies to rebuild their business faster and earn a better

Topics : Startup funding

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in