Traveltech startup Holiday Tribe is in talks to raise ₹50 Cr, with RPSG Capital Ventures as a prospective investor. This marks the third funding round for the two-year-old company, signalling renewed investor confidence in customised holiday platforms. Founders from MakeMyTrip are clearly banking on AI-led personal travel planning.
How We Got Here
Holiday Tribe was founded in 2022 by ex-MakeMyTrip executives Anshu Sharma and Chirag Goyal. Last year, it raised a ₹25 Cr pre-Series A, preceded by ₹5.4 Cr in seed funding in 2024.
The Numbers
- Holiday Tribe's current offering includes an AI-powered planning tool called Avni, listing destinations like Kerala, Bali, and Japan.
- The traveltech firm previously raised a ₹25 Cr pre-Series A round last year, led by Powerhouse Ventures, with GSF participating.
- RPSG Capital Ventures, part of the RP-Sanjiv Goenka Group, typically invests in F&B, personal care, and lifestyle goods.
- Competitor 30 Sundays, based in Gurugram, raised ₹61 Cr in a Series A round in July, led by Bessemer Venture Partners.
- Flipkart also recently invested in another customised holiday platform, TravClan, highlighting broader industry interest.
What Happens Next
🇮🇳 Why This Matters for India
For product managers building travel booking APIs in Hyderabad and engineers creating AI recommendation engines in Pune, this funding signals renewed capital availability for niche traveltech.
The Take
This fundraise signals RPSG Capital Ventures' increasing appetite for high-margin, experience-led consumer services, moving deeper beyond its traditional FMCG focus. Expect more AI-first platforms to carve out niche travel segments, but proprietary supply chains will be the true differentiator, not just front-end tech.
Source:
Inc42 ↗