Delhi based, Tripoto has raised $400k (INR 2.4 Cr.) in funding from angel investors led by Outbox ventures, with Palaash Ventures also participating in the funding round. Angel investors including Kunal Bahl and Rohit Bansal of Snapdeal, Sachin Bhatia of Makemytrip & TrulyMadly.com, Shanti Mohan of LetsVenture, Nikunj Jain of Inoxapps, and Frankly.me Arvind Vohra, Director of Gionee India & Romi Mahajan also participated in the round.
The raised funds will be used to primarily scale up the tech team and the community. “Scaling up of traffic will happen on its own when the first two grow. Our vision is global. We want to be the prefered platform for web and mobile for sharing and discovering travel stories and itineraries from around the world,” says Anirudh Gupta, Founder, Tripoto.
“Our main distingusing factor is the community model and that all content is user generated. The community model also brings along interesting models to generate revenue and increase conversation among travelers, build a community based travel planner.We will be exploring many such interesting possibilities in the future,” said Anirudh.
Tripoto is currently doing 300k monthly uniques, 650k monthly pageviews. Travelers from more than 100 countries have shared their travel itineraries and stories on tripoto.
“Travel is a large and growing market not only in India but also globally. What we need is an all-in-one place where travellers can share their experiences, others can save time using it and organize the whole tour within the platform only. Tripoto’s community based model is unique in the industry. We like what Tripoto has built till now and we believe the team has the capability to take it to a much higher scale,” said a spokesperson from Palaash Ventures.
Tripoto was founded by ISB alumni Michael Lyngdoh and Anirudh Gupta in 2013.