About TripFactory
TripFactory is a company based in Bengaluru (India) founded in 2013 by Varun Gupta and Amit Aggarwal.. TripFactory has raised $60.52 million across 4 funding rounds from investors including Aarin Capital, Vani Kola and Mohandas Pai. TripFactory has completed 1 acquisition, including Mountain Warehouse. TripFactory offers products and services including Holiday Packages and Customized Itineraries. TripFactory operates in a competitive market with competitors including MakeMyTrip, Ixigo, Traveloka, Expedia and Cleartrip, among others.
- Headquarter Bengaluru, India
- Founders Varun Gupta, Amit Aggarwal
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$220.35 K (USD)93as on Mar 31, 2024
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Net Profit
$9.06 K (USD)-91as on Mar 31, 2024
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EBITDA
$9.06 K (USD)-91as on Mar 31, 2024
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Total Equity Funding
$60.52 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series A
Oct 29, 2024
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Investors
Aarin Capital
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of TripFactory
TripFactory offers a comprehensive portfolio of products and services, including Holiday Packages and Customized Itineraries. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for booking trips with flights, hotels, and sightseeing options.
Service for personalized travel plans and deals across destinations.
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Funding Insights of TripFactory
TripFactory has successfully raised a total of $60.52M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $50.0M
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First Round
First Round
(30 Jul 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - TripFactory | Valuation |
investors |
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| Jun, 2018 | Amount | Series A - TripFactory | Valuation | Aarin Capital |
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| Aug, 2016 | Amount | Series A - TripFactory | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TripFactory
TripFactory has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Aarin Capital, Vani Kola and Mohandas Pai. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture funding in technology-intensive businesses within healthcare, education, and India-centric markets.
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Founded Year | Domain | Location | |
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VK
Vani Kola |
Managing Director at Kalaari Capital, prominent angel investor, tech entrepreneur
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Founded Year | Domain | Location |
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MP
Mohandas Pai |
Former Infosys CFO, prominent angel investor, and education advocate
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TripFactory
TripFactory has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mountain Warehouse. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Retailer of outdoor apparel and equipment for men, women, and children
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - TripFactory
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tripfactory Comparisons
Competitors of TripFactory
TripFactory operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MakeMyTrip, Ixigo, Traveloka, Expedia and Cleartrip, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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| domain | founded_year | HQ Location |
App-based platform for booking multiple categories of travel services
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| domain | founded_year | HQ Location |
Travel services such as flights and hotels are booked online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tripfactory
Frequently Asked Questions about TripFactory
When was TripFactory founded?
TripFactory was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is TripFactory located?
TripFactory is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is TripFactory a funded company?
TripFactory is a funded company, having raised a total of $60.52M across 4 funding rounds to date. The company's 1st funding round was a Series A of $223.06K, raised on Jul 30, 2015.
What is the annual revenue of TripFactory?
Annual revenue of TripFactory is $220.35K as on Mar 31, 2024.
What does TripFactory do?
TripFactory was founded in 2013 in Bengaluru, India, within the travel and tourism sector. Pre-packaged trips are designed and offered, covering various destinations and trip lengths. Existing itineraries can be selected by customers, or personalized plans are developed in collaboration with travel specialists. Bookings for flights, accommodations, and sightseeing are handled as part of the services. Travel planning is facilitated to support straightforward arrangements across operations.
Who are the top competitors of TripFactory?
TripFactory's top competitors include MakeMyTrip, Ixigo and Traveloka.
What products or services does TripFactory offer?
TripFactory offers Holiday Packages and Customized Itineraries.
How many acquisitions has TripFactory made?
TripFactory has made 1 acquisition, including Mountain Warehouse.
Who are TripFactory's investors?
TripFactory has 4 investors. Key investors include Aarin Capital, Vani Kola, Mohandas Pai, and Ranjan Pai.
What is TripFactory's valuation?
The valuation of TripFactory is $11.93M as of Jun 2018.
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