Travel technology startup PickYourTrail has raised close to $3 Mn in Series A funding under its capital infusion plan.
Bengaluru, 18 Feb, 2019. RedNewswire/-
Chennai-based travel-technology start-up PickYourTrail helps travellers plan and book curated, multi-country vacations.
Founded by Hari Ganapathy and Srinath Shankar in 2014, Pickyoutrail uses its unique matching algorithms and price comparison engine to help travellers create customised tour packages at competitive online prices.
It has raised about $3 Mn in Series A funding round led by Kumar Vembu, CEO, GoFrugal and Shyam Sekhar, founder, iThought.
Rajagopal Subramanian, CIO, Entrust and Girish Mathrubootham, founder and CEO of Freshworks also participated in the round.
The fresh capital will be used for product innovation, branding and to hire tech talent. It will also invests in scaling up its proprietary technology platform.
Srinath Shankar, Co-Founder of the company, said, “I believe that our algorithms across personalisation, routing and price matching are industry first in their approach and output. Our end goal is to make Pickyourtrail synonymous with customized international vacations and this round is a great stepping stone in that direction.”
Pickyourtrail co-founder Hari Ganapathy said, “What’s most exciting is the shift we are seeing in consumer behaviour. People are slowly getting comfortable booking vacations online.” We believe we have taken a shot at changing the way people plan and book vacations over the next few years, he said.
The company claims to have served over 10,000 travellers who have planned trips to over 200 cities using its self-service platform.