VC Fund Investments
B2B travel-tech platform TravClan raises $4.7 M led by Hashed Emergent
Company Announcement, Business Standard
Delhi-based B2B travel tech platform TravClan has raised USD 4.7 million in its extended pre-Series A funding round, led by Korea-based Hashed Emergent Fund and angel investors. TravClan's angel investors include Nick Talwar (CEO, Circle Up), Aayush Phumbra (former co-founder, Chegg), Travis Katz (former co-founder, Trip.com), Pritesh Gupta (former co-founder, Zipgo), and Vikram Chopra and Mehul Agrawal (co-founders, Cars24). The additional capital raised within will be used to invest in product and technology. TravClan helps travel agents and entrepreneurs set up websites and sell products digitally. It also provides marketing tools that allow users to generate more demand from social media. TravClan has expanded to 8 cities in India, Dubai and Singapore and plans to launch operations in the US and South East over the next 12 months.
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