Travel Buddy, has chalked out fresh plans to augment travel experience for its subscribers. To fulfil its ambitions the Gurugram-based social travel network and D2C marketplace, has raised $250,000 in pre-seed funding from Eaglewings Ventures.
Travel Buddy is a Travel Social Network that exists on mweb and app platforms. The idea is to form a crowd sourced platform of travelers who between themselves will share tips, advice and suggestions about destinations , experiences and itineraries
Travel Buddy plans to invest this fund for expanding the technology team and consolidating the iOS product for global expansion. The startup will also work with Eaglewings Ventures to raise its seed round and pre-Series A in near future.
“We are creating a D2C travel marketplace driven by current location and related travel offerings. Given the size of the traveller community that we are planning to build (aiming at five million by 2022 end), travel providers will get enough leads from this app alone to sustain their business. For travellers, it’s a social travel network to connect, share, and meet. We will first build this for India and then expand globally,” says Saurav Chakraborty, Founder and CEO, Travel Buddy.
Travel Buddy was founded by Saurav Chakraborty along with Vijay Saini and Paromita Bir. in January 2022, Together their cumulative experience is more than 56 years with Saurav having worked in the Travel Industry for over 13+ years (Cleartrip, Facebook India).
Through Travel Buddy, they have created a global community of travel content creators and enabled online shops (Dukaan) for thousands of travel providers who are selling directly their services (Hotels, Homestays, Transport etc) to travellers.
Travel Buddy aims to solve travelers travel problems with tech solutions
“We are trying to solve two problems with technology, which are universal. The first thing is it is hard for travellers to find like-minded people while travelling. The second thing is that travellers wish to connect with locals quickly before travelling to the new destination. Having connections helps them plan their trips in a better way, with local experts,” added Vijay Saini, Co-founder and CTO, Travel Buddy.
The round also saw participation from some of renowned names from the Industry and serial investors like Chetan Mathur, Lloyd Mathias, Tanmaya Vats, Devesh Nayel, Sudarshan Sharma, Tarun Sharma, Siddharth Banerjee, and other marquee non-institutional investors.