B2B travel-tech platform TravClan raises $5-M from Flipkart, August One, Trifecta

New Delhi-based B2B (business-to-business) travel-tech platform TravClan has raised USD 5-M in a funding round with participation from Flipkart and August One, along with debt financing from Trifecta Capital.Founded in 2018 by Arun Bagaria, Chirag Agrawal, and Ashish Thapliyal, TravClan claims to process more than USD 100 million in annual travel sales through a network of more than 15,000 travel agents across India, providing end-to-end destination services across more than 18 markets.TravClan plans to use the capital to deepen its global supply network, expand its technology and artificial intelligence (AI) capabilities, and strengthen destination operations across international markets.