New Delhi, Feb 10: Wandertrails, an online experiential travel platform, has raised one million US dollars in seed funding in a short span of time, giving the startup strong financial muscle to chalk out plans for expanding its operations across the country and build more innovative products for its growing clientele.
Launched in July 2016, Wandertrails has raised the funds from Earlsfield Capital, a UK-based venture capital firm.
Wandertrails aims to build India’s largest network of experiential stays by 2020. It currently hosts more than 5,000 experiential stays and what it calls immersive activities in 65 destinations across 12 states.
“We raised one million US dollars in a turbulent investment scenario. It is a reaffirmation of the vision of Wandertrails. It will give the company a strong financial cushion for executing its expansion plans on a pan-India basis,” said Vishnu Menon, co-founder & CEO of the company, an IIM Calcutta graduate and a former Bain consultant.
Meraj Alam, Managing Partner, Earlsfield said, “We were super-impressed with their ability to execute and the supply they have built in a very short time in a capital-efficient manner. We believe this is the next iteration in travel and we are very positive they are building a strong business with great fundamentals.”
Travellers can choose from a wide range of options, like homestays, treehouses, house boats, heritage homes, tented stays and boutique resorts. The company also offers exciting activities like treks and adventure trails, culinary sessions, heritage walks, art trails, wellness sessions and cycling tours. Travellers can book either stays or activities, or choose to combine them for an experience-led trail.
The company’s USP lies in going beyond the obvious. “Be it staying in a jungle lodge and going on a walking jungle safari; staying in a tribal settlement and going honey-gathering with a tribal chieftain; staying at a desert camp and going on a camel safari; or staying in an apple orchard and detoxing with yoga; all our unique offerings have been crafted to meet the aspirations of the new-age traveller” Vishnu said.
“Which is why you will not find any block hotel on Wandertrails.com. Our focus is entirely on creating great experiences and all our stays have been hand-picked to ensure that.”
Wandertrails also provides a concierge service for travellers looking for help in crafting their experiential trips.
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