Personalised vacation planning leader TripFactory raises $50m in Series A

TripFactory, a Singapore-based global travel platform specialising in personalised vacation planning, has raised $50 million in Series A funding from a major international corporate group headquartered in India. This capital injection elevates the company’s valuation to $500 million and is set to drive its aggressive global expansion and product diversification efforts.

Founded in 2014 by Vinay Gupta and a team of experienced entrepreneurs, including Amit Aggarwal and Varun Gupta, TripFactory has quickly become a leader in the global travel platform space. Operating in over 110 countries, TripFactory partners with travel agencies to provide tailored holiday packages, catering to the rising post-pandemic tourism demand. Its digital ecosystem seamlessly integrates logistics, customer support, and on-ground services, revolutionising personalised vacation planning.

Gupta emphasised that the recent funding round, known as the TripFactory Series A, represents a critical step in the company’s journey to becoming the world’s largest travel business. He explained that the capital would be used to scale operations in existing markets, venture into new territories, and enhance the quality of service.

Revolutionising travel for the post-pandemic era

The pandemic reshaped the global travel landscape, making reliable and personalised vacation planning services more critical than ever. With a strong presence in the Indian travel market, one of the fastest-growing outbound travel sectors, TripFactory is uniquely positioned to cater to this surging demand.

The corporate investors behind the TripFactory Series A expressed confidence in the company’s leadership and scalable business model. They highlighted TripFactory as a trailblazer in the global travel platform industry, thanks to its innovative solutions and expansive market reach.

Headquartered in Singapore, TripFactory employs over 800 professionals across 62 countries and offers holiday packages in 32,000 cities. Its services have already reached clients from 94 nationalities, underscoring its commitment to personalised vacation planning.

A closer look at the funding impact

Industry experts predict that the $50 million funding from the TripFactory Series A will accelerate its efforts to enhance its platform, strengthen partnerships, and diversify its offerings. This includes exploring niche travel segments such as wellness tourism and adventure holidays, areas with growing post-pandemic tourism demand.

Prominent investors, including Vani Kola, Mohandas Pai, and Ranjan Pai, participated in the funding round. Their involvement further solidifies TripFactory’s reputation as a trusted leader in the global travel platform industry. Analysts believe this development highlights the enormous potential within the Indian travel market and beyond.

A promising future for global travel

As the travel industry rebounds, TripFactory’s focus on personalised vacation planning and its ability to meet growing post-pandemic tourism demand ensure a bright future. The company’s innovative approach combines advanced technology with a human touch, setting a benchmark for the global travel platform industry.

With a strengthened financial position from the TripFactory Series A, the company is poised to expand its footprint in both established and emerging markets, further solidifying its status as a leader in the evolving travel sector.