About TripFactory
TripFactory is a Travel & Hospitality company based in Bengaluru (India) founded in 2013 by Varun Gupta and Amit Aggarwal. Customized holiday packages and travel itineraries are provided. 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 was last valued at $11.93 million in June 2018. Its website tripfactory.com draws about 204 thousand monthly visits. TripFactory offers products and services including Holiday Packages and Customized Itineraries. Its focus areas include Consumer, Online Travel, Holiday Packages and Online Agency. Its competitors include MakeMyTrip, Ixigo and Cleartrip; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Annual Revenue$220.35 K (USD)93as on Mar 31, 2024
- Net Profit$9.06 K (USD)-91as on Mar 31, 2024
- EBITDA$9.06 K (USD)-91as on Mar 31, 2024
- Total Equity Funding$60.52M (USD)
in 4 rounds
- Latest Funding Round$50M (USD), Series A
Oct 2024
- InvestorsAarin Capital
& 3 more
- Investments & Acquisitions
Associated legal entities of TripFactory
TripFactory is associated with 4 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Orn Ventures Llp CIN ACC-2427 | Active | 27 Jul 2023 | Bangalore, Karnataka | 4 | View details | ||
| Orn Tirath Private Limited CIN U63030KA2021PTC145838 | Strike Off | 25 Mar 2021 | Bangalore, Karnataka | 3 | View details | ||
| Orn Vacations Private Limited CIN U63000KA2021PTC143176 | Active | 15 Jan 2021 | Bangalore, Karnataka | ₹58.1 Cr | 609 | 4 | View details |
| Orn Trip Factory Private Limited CIN U72200KA2013PTC071713 | Active | 06 Nov 2013 | Bangalore, Karnataka | ₹1.8 Cr | 163 | 4 | View details |
Products & Services of TripFactory
TripFactory offers a comprehensive portfolio of products and services, including Holiday Packages and Customized Itineraries.
Platform for booking trips with flights, hotels, and sightseeing options.
Service for personalized travel plans and deals across destinations.
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 $60.52M
- Total Rounds 4
- Last Round Series A — $50M
- First Round $10M
(Jul 2015)
- Investors Count 4
All 4 funding rounds of TripFactory with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $50M | Series A | – | – | |
| Jun 2018 | $292,905 | Series A | $11.93M | Aarin Capital | – |
| Aug 2016 | $223,056 | Series A | – | – | |
| Jul 2015 | $10M | Series A | $11.85M | Aarin Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2018 | $11.93M | •••••••• |
| Jul 2015 | $11.85M | •••••••• |
Last known valuation $11.93M (Jun 2018). 4 investors in total: 1 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture funding in technology-intensive businesses within healthcare, education, and India-centric markets. | 2012 | aarincapital.com | Bengaluru, India | |
VK Vani Kola | Managing Director at Kalaari Capital, prominent angel investor, tech entrepreneur | unknown_6020af1b988549019 | ||
MP Mohandas Pai | Former Infosys CFO, prominent angel investor, and education advocate | unknown_2d45413fd2d54460b | ||
RP Ranjan Pai | unknown_874698397aea40f18 |
Investor details for TripFactory
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Board of directors of TripFactory
The boards of the 4 registered companies of TripFactory currently have 5 directors; the longest-serving is Vinay Gupta, appointed in 2023. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinay Gupta DIN 01962267 | Designated Partner | 27 Jul 2023 | 3 yrs 3 mo | Orn Ventures Llp, Orn Vacations Private Limited, Orn Trip Factory Private Limited, Orn Tirath Private Limited |
| Sarika Gupta DIN 08621144 | Designated Partner | 24 Aug 2023 | 3 yrs 2 mo | Orn Ventures Llp, Orn Trip Factory Private Limited |
| Amit Aggarwal DIN 01260267 | Designated Partner | 11 Jul 2024 | 2 yrs 3 mo | Orn Ventures Llp, Orn Vacations Private Limited, Orn Trip Factory Private Limited, Orn Tirath Private Limited |
| Varun Gupta DIN 02176747 | Designated Partner | 11 Jul 2024 | 2 yrs 3 mo | Orn Ventures Llp, Orn Vacations Private Limited, Orn Trip Factory Private Limited, Orn Tirath Private Limited |
| Shikhar Neelkamal Malhotra DIN 00779720 | Nominee Director | 04 Nov 2025 | 1 yr | Orn Vacations Private Limited |
People of TripFactory
3 people are tracked at TripFactory (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & COO | Leadership | |
Maxim Mikhaylov | CEO, Russia & CIS | Leadership |
Complete people profiles for TripFactory
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Financials of TripFactory
Figures of Orn Vacations Private Limited, the primary company behind TripFactory, for FY 2024. Revenue was ₹58.09 Cr (+155% year on year). Net loss was -₹21.55 Cr (-37% margin). EBITDA was -₹14.08 Cr (-24% margin).
- ₹58.09 CrRevenue · FY 2024 · +155% YoY
- -₹21.55 CrNet loss · -37% margin
- -₹14.08 CrEBITDA · -24% margin
- ₹7 LakhPaid-up capital
- 609Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Orn Vacations Private Limited are on its company page.
Detailed financial statements for TripFactory
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by TripFactory
TripFactory has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mountain Warehouse.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Retailer of outdoor apparel and equipment for men, women, and children | mountainwarehouse.com | Shirebrook, United Kingdom | 1997 | Sep 2014 | •••• |
Complete acquisition details for TripFactory
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Timeline of TripFactory
5 dated milestones of TripFactory across 11 years, from founding to its latest funding, stage changes and deals.
- Founded TripFactory is founded.
- Acquisition Acquires Mountain Warehouse.
- Funding First funding round of $10.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $50.0M.
Competitors of TripFactory
TripFactory has 3 listed competitors in our database, 3 of them funded. They include MakeMyTrip, Ixigo and Cleartrip.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| makemytrip.com | 2000 | Gurugram, India | $39M | 4,579 | Online bookings for flights, hotels, and travel packages are facilitated. | |
| ixigo.com | 2007 | Gurugram, India | $96.62M | 535 | Online platform providing multiple travel booking services | |
| cleartrip.com | 2005 | Bengaluru, India | $69.5M | 1,168 | App-based platform for booking multiple categories of travel services |
Detailed competitors of TripFactory
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Web traffic of TripFactory
The website of TripFactory (tripfactory.com) receives about 203.6K visits a month and ranks #96,758 among all websites worldwide, #2,740 in Travel and Tourism.
- Monthly visits203.6K
▼ 40.3% vs previous month
- Unique visitors217.8K
per month
- Global rank#96,758
among all websites
- Category rank#2,740
Travel and Tourism · Travel and Tourism
- Bounce rate48%
- Pages per visit6.5
- Average visit4 min 43 sec
- DevicesDesktop 17% · Mobile 83%
Websites whose visitors overlap most with TripFactory. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| makemytrip.com | 100% | 42.1M | #791 | View details | |
| thrillophilia.com | 89% | 2.4M | #20,952 | View details | |
cosmosvacations.in | cosmosvacations.in | 86% | #1,412,049 | – | |
| traveltriangle.com | 84% | 799.5K | #75,010 | View details | |
| internationalyouthclub.org | 82% | #2,593,826 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for TripFactory
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Top companies in Online Travel
3 companies that operate in the same segment as TripFactory (Online Travel) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 399 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 425 |
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Related news about Tripfactory
Complete news archive for TripFactory
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Frequently Asked Questions about TripFactory
TripFactory was founded in 2013 and raised its 1st funding round 2 years after it was founded.
TripFactory is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
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 $10M, raised on Jul 2015.
Annual revenue of TripFactory is $220.35K as on Mar 31, 2024.
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.
TripFactory's top competitors include MakeMyTrip, Ixigo and Cleartrip.
TripFactory offers Holiday Packages and Customized Itineraries.
TripFactory has made 1 acquisition, including Mountain Warehouse.
TripFactory has 4 investors. Key investors include Aarin Capital, Vani Kola, Mohandas Pai, and Ranjan Pai.
The valuation of TripFactory is $11.93M as of Jun 2018.
TripFactory is associated with 4 legal entities: Orn Ventures Llp, Orn Vacations Private Limited, Orn Trip Factory Private Limited and others.
The legal entities of TripFactory currently have 5 directors, including Sarika Gupta, Amit Aggarwal, Vinay Gupta and others.