Private Equity Liquidity Events
Travel & expense mgmt super app Navan acquires travel mgmt co Tripeur
Navan, a travel and expense management super app is to acquire Bengaluru-based travel management company Tripeur.
Tripeur offers services such as travel budget management, GST compliance and reconciliation, multi-vendor integration and management, transactional behavioural analytics, among others. Tripeur is expected to enable Navan to scale and localize its technology.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Feb-2018 and Oct-2019, Tripeur had raised over USD 1.75 M from SenseAI Ventures, Munjal Family Office, RAAY Global Investments, Pentathlon Ventures, Incubate Fund, Others (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)