TripHobo raises US$ 3 million in series B funding

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Published: March 31, 2015 6:04:20 PM

User-generated travel itineraries aggragator, TripHobo has raised US$ three million

User-generated travel itineraries aggragator, TripHobo has raised US$ three million which will be used for research and development, talent acquisition, scaling content and technology integration with the travel ecosystem.

“TripHobo has secured US$ three million in series B funding, led by incoming investor Mayfield and the existing investor Kalaari Capital. This is the second round of funding after a series-A round in July 2014,” the company said in a release.

Praveen Kumar, chief executive, TripHobo said, “Mayfield and Kalaari bring decades of rich experience in working with and guiding startups across the globe and we’ll definitely benefit from that.”

TripHobo is a visual algorithmic trip planner, which allows users to choose where they want to travel, suggests attractions, helps plan each trip day in detail and make bookings of the same through the platform. At the backend, it runs an algorithm to optimise the trip taking into account travel distances, open or close timings, preferred mode of transportation among others.

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