Flipkart and August One Invest $5 Million in TravClan

The Delhi-based platform for travel agents also takes debt from Trifecta Capital as it grows its global supply

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TravClan raises $5 million from Flipkart and August One

Key Takeaways

  • TravClan raised $5 million in equity from Flipkart and August One, plus debt from Trifecta Capital.
  • More than 15,000 travel agents use TravClan to sell packages, hotels and activities.
  • Flipkart holds a minority stake and will use TravClan for international holidays on Cleartrip and Flipkart Travel.
  • The money goes into global supply, new destinations and the team.

TravClan, a Delhi-based startup that builds software for travel agents, has raised $5 million in equity from Flipkart and Singapore-based August One. Trifecta Capital added debt financing on top.

The round comes just weeks after Flipkart announced it had taken a minority stake in the company to strengthen its own travel business.

TravClan funding at a glance

DetailTravClan
Equity$5 million from Flipkart and August One
DebtFrom Trifecta Capital
SectorB2B travel tech
Based inDelhi
Use of fundsGlobal supply, new destinations, team

What TravClan does

TravClan does not sell trips to travellers. It sells tools to the travel agents who do. More than 15,000 agents use its platform to build and book holiday packages, hotels and activities for their customers and to run their business online.

For a small agent in a smaller city, this means access to supply, pricing and booking tools that would be too costly to build alone.

TravClan's journey so far

WhenMilestone
2018Founded by Arun Bagaria, Chirag Agrawal and Ashish Thapliyal
2019Seed round led by Leo Capital
September 2021$2.2 million round backed by Leo Capital
April 2022$4.7 million round led by Hashed Emergent Fund
October 2026Flipkart takes a minority stake for Cleartrip and Flipkart Travel
October 2026$5 million equity from Flipkart and August One, plus debt from Trifecta Capital

What the founder and investors said

"The next generation of travel software will not just help sellers search faster. It will increasingly execute work for them."

Arun Bagaria, co-founder and CEO, TravClan

"Our ambition is to make TravClan the infrastructure that any travel business can build on instead of having to recreate the entire travel stack itself. This capital allows us to invest aggressively behind that opportunity."

Arun Bagaria, co-founder and CEO, TravClan

"TravClan has built a capital efficient model by owning supply rather than buying demand, and distributing through agents in underserved markets."

Sahil Kukreja, Vice President, Trifecta Capital

"Investing in TravClan strengthens our ability to offer international holiday packages while deepening our travel capabilities."

Nishant Verman, SVP of Corporate Development and Partnerships, Flipkart

The Flipkart angle

Flipkart owns two travel businesses, Cleartrip and Flipkart Travel. By backing TravClan, it gets access to the startup's supplier network and destination operations, which it plans to use for international holiday packages.

Where the money will go

TravClan will use the funds to grow its global supply, add destinations and build its team.

Why this deal matters

Online travel in India is dominated by consumer apps, but a large share of holidays is still sold by local agents. TravClan is building the software layer under those agents, and Flipkart's backing gives it a large new channel to sell through.

What to watch next

The next step to watch is how quickly TravClan's packages show up on Cleartrip and Flipkart Travel, and whether that brings in new agents and destinations.

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Frequently Asked Questions

How much did TravClan raise?

TravClan raised $5 million in equity, plus debt financing from Trifecta Capital.

Who invested in TravClan?

Flipkart and Singapore-based August One invested equity, and Trifecta Capital provided debt.

Does Flipkart own a stake in TravClan?

Yes. Flipkart holds a minority stake in TravClan.

Why did Flipkart invest in TravClan?

Flipkart plans to use TravClan's supply and operations for international holiday packages on Cleartrip and Flipkart Travel.

What does TravClan do?

TravClan is a B2B platform that helps travel agents book holiday packages, hotels and activities and run their business online.

How many travel agents use TravClan?

More than 15,000 travel agents use TravClan.

Where is TravClan based?

TravClan is based in Delhi.

Who founded TravClan?

TravClan was founded in 2018 by Arun Bagaria, Chirag Agrawal and Ashish Thapliyal.

Who led TravClan's earlier rounds?

Leo Capital led its 2019 seed round and backed its 2021 round, and Hashed Emergent Fund led its $4.7 million round in 2022.

How can travel agents use TravClan?

Travel agents use TravClan's platform to build and book holiday packages, hotels and activities for their customers and run their business online.

How does Flipkart plan to use TravClan?

Flipkart plans to use TravClan's supply and destination operations for international holiday packages on Cleartrip and Flipkart Travel.

How do I find TravClan's official website?

TravClan's official website is travclan.com.

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