Holiday Tribe, a fast-growing travel-tech startup, has successfully raised Rs 5.4 crore in seed funding. The investment round was led by Powerhouse Ventures and GSF, with contributions from prominent investors such as Dinesh Agarwal and Dinesh Gulati of India Mart, Murugavel Janakiraman of BharatMatrimony.com, and actor Gaurav Kapur.
This fresh capital will help Holiday Tribe boost its technological infrastructure, expand its supply network, and invest in brand development efforts.
Founded in 2023 by former MakeMyTrip executives Anshu Sharma and Chirag Goyal, Holiday Tribe specializes in offering tailored holiday packages for various traveler segments, including families, couples, honeymooners, adventure enthusiasts, and those seeking unique or offbeat destinations.
The Gurugram-based startup has established a vast supply network, collaborating with over 100,000 hotels worldwide and more than 10 tourism boards, including destinations like Mauritius, Dubai, Switzerland, Qatar, Thailand, Singapore, and Australia.
With customizable vacation packages to over 30 global destinations, Holiday Tribe aims to provide endless options for travelers looking to personalize their experiences.
Industry reports show that India’s outbound tourism market is set to reach $18.81 billion by 2024 and is projected to grow at a CAGR of 11.4% through 2034, reaching $55.38 billion. Additionally, India’s online travel market is anticipated to expand at a CAGR of 10.5% from 2024 to 2029, growing from $17.24 billion to $28.40 billion.
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