Startup: TravClan

Industry: B2B Travel

Key management: Arun Bagaria, CEO; Chirag Agrawal, COO; and Ashish Thapliyal, CTO

The startup redefines the way people plan, register, and experience their travel journey by leveraging technology and introducing the concept of e-commerce in the travel industry. They provide subscription-based plans & models for travel agents to automate the process of booking flights, hotels, travel packages, and sightseeing for their clients. They enable the travel agents to get access and sell greater products & services in the market. Worldwide, the company has both domestic and global presence in more than 18 destinations.

To establish a close-knit network & collaboration with the travel agents in the industry, they offer diverse services that cater to the everyday demands of travel agents such as providing free travel websites and automated invoice-generating tools & posters for marketing. Since its inception, TravelClan has raised a total funding of about $5.79 million in diverse rounds. Over the last summer in 2023, the startup reported 250 percent GMV revenue growth & experienced 400 percent year-on-year growth. In the early quarter of 2024, the company generated revenue of $20.3 million.

USP: Free website, marketing materials, webinars, offline networking opportunities for travel agencies, and webinars with industry experts.

“Today, travel agents can share real-time news & travel updates with their customers on their TravClan-powered websites. They can automate a lot of operations by using modern features like Chabot & social media integration that help them stay connected and engaged with their customers”, says Chirag Agrawal, COO, TravClan

To sum up, the growth & success of the above startups don’t rely on how much revenue they have generated until today their success depends on the depth of innovation & ambition they have invested in the marketplace with unique products & services. The startups profitability and success signify the knowledge and skill of entrepreneurship that breaks all the barriers and amplifies its value and availability on the global stage.

The vibrant array of startups, their uniqueness and innovation is leading the path with a mission to shape booming and blooming tomorrow with the help of new ideologies mushrooming within young masterminds!

Evaluating all the above-mentioned things, one thing becomes very simple and clear, the future of the Indian Startup ecosystem is packed with promises & possibilities. With the help of technological advancements, the new-age startups in India are continuing to set new benchmarks, restructuring the industries, and playing a significant role in standardizing the economic stability that is driven by determination & ambition.