Business travel portal Velocity.travel raises $10-M

Mumbai-headquartered Velocity.travel , a business travel brand by wtfares, has raised an angel round of funding from New York-based angel investor Raj Shah at USD 10 million valuation, pre-money. With plans to launch its “Zippy" platform by April 2025, the company aims to be engaged in the business of corporate travel and lifestyle management globally.Founded in 2013, it launched Velocity.travel in 2023 to focus exclusively on pain points in business travel.