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Two Indian startups get 7.25 lakh euros in grants from Booking.com

Press Trust of India  |  Amsterdam (Netherlands) 

Two Indian startups - and Sakha - have received 7.25 lakh euros in grants from Booking.com's booster fund.

The startups were part of Booking.com's 2018 accelerator programme in sustainable tourism.

Besides, eight other startups working for sustainable tourism also received grants from the

Global Himalayan Expedition, which organises impact expeditions to provide through solar microgrids to the remote mountain communities of Himalaya, received a grant of four lakh euros, while Sakha, a social enterprise that offers safe for women by women, received 3.25 lakh euros.

said the company has earmarked four million euros this year to invest in through its booster and cares programmes.

"We're all looking forward to seeing how their plans unfold over the coming weeks and months as we work together to bring their vision for a more industry to even more destinations worldwide," Tans said.

The 10 startups will be mentored, guided and trained at Booking.com's headquarters in

access leader said this grant will enable the company to scale operations to expand its footprint to and Arunachal Pradesh, besides identifying 45 villages in and 15 villages in

founder said, the organisation will be using the fund to scale up capacity and improve operational efficiency.

"Over the next two years, this funding will enable us to provide livelihoods in transport to over 1,000 resource-poor women, who will be able to earn collectively over two million euros for themselves and their families and provide 1.1 million safe rides to women," Vadera said.

Sakha is looking to increase the fleet size to 100 cars, from 24 at present, and raise the number of drivers to 1,700 from 160, while expanding into other cities, she added.

"We are delighted that two startups from with great ideas focused on sustainable tourism were a part of the grand finale and both have received a combined total grant of euro 725,000," said Ritu Mehrotra, country manager India,

She said the company aims to build a network of like-minded organisations and individuals that are leveraging technology to create a more sustainable future for destinations worldwide.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, June 01 2018. 18:25 IST
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