PickYourTrail, a travel startup, has raised undisclosed funding from Kunal Shah (CEO, Cred), Adit Parekh (Ex Blume Ventures), and Vinay Ahuja (Executive Director, IIFL Wealth) and existing investors.
Pickyourtrail started a new office in Dubai last week with the aim to expand the company scale.
The funds obtained will be utilized in the following ways:
Pickyourtrail offers exclusive international itineraries to its customers through its advanced D-I-Y tech product. With Pickyourtrail, travelers have the freedom to command control and fully customize their itinerary based on their budget, requirements, and interests. The entire procedure is based on an online attempt.
Starting from booking a flight, especially a window seat, to booking a hotel room with a charming view. Not only this but also planning a surprise dinner under the sky, now anyone can make their vacation a memorable one with a hassle-free experience. Crafting personalized holiday vacations is now a possibility with Pickyourtrail.
“Going global was always on the roadmap, and our initial experiments through the first and second wave of the pandemic gave us an opportunity to test out the market. There is a clear gap for a reliable global holiday travel brand, and we believe that our expertise in catering to one of the most value-conscious customer segments (India) puts us in a unique position to build out that brand with our market-leading tech! Markets like the USA have a $100 billion+ outbound travel scope and even a small share of that pie is a significant opportunity,” added Srinath, Co-founder of Pickyourtrail.
“The valuation and double down by both new and existing investors is a great validation to both the market potential. The entire team has shown great resilience in having survived the pandemic despite the two-year ban on international flights. The team adapted quickly and launched newer vertical like staycations, our global biz and also beefed up our product and tech,” said Hari Ganapathy, Co-founder of Pickyourtrail.