Raghava
The traveling technology is attracting more companies to invest in the travel tech startups. In the last week, only 2 travel logistics raised funding of INR 80 and 60 Cr. This time Mumbai based startup TravelJunkie Solutions is giving 24% stack in the company to Thomas Cook India. The amount how much they are investing in the yet to disclose. Thomas Cook India told while filing to BSE.
TravelJunkie Solutions is the owned subsidiary of TC Tours Ltd. The travel tech startup developed a mobile application Ithaka. It is for the people who are traveling alone. It will help them in guiding when going for a trip in booking hotels, flights, and they want to provide a great experience for the travelers. The startup founded in the year 2015 by Ameya Sahasrabudhe, Mithilesh Said and Rahul Singh.
This deal-making both the companies profitable and helping them to grow at the same time. The startup will reach every corner; provide end to end services and easy booking experience for the customers. It serves for the free individual travelers. For the first time, Thomas Cook India invested in the startup.
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