iTraveller
Discover, Plan and Book Your Trip Instantly.
| Date | Investors | Amount | Round |
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| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
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iTraveller Technologies Private Limited operates as an online marketplace for customized holiday packages, targeting travelers in India and beyond. Founded in Bengaluru, India, in 2012 by Shiju Radhakrishnan, Chitra Parija, Nisanth Kumar, and Sanjay Kumar, the company was established to simplify the complex process of planning and booking vacations. Radhakrishnan, the CEO, is a former consultant for Wipro and Cognizant, and his background inspired the platform's focus on technology to automate the travel supply chain.
The company's core offering is a technology-enabled platform that allows users to discover destinations and build their own bespoke holiday packages by bundling components like hotels, transportation, and activities. This approach provides a distinct price advantage by eliminating intermediaries and connecting travelers directly with the rates provided by suppliers. The platform also serves as a back-end Enterprise Resource Planning (ERP) system for tour operators and travel agents, enabling them to digitize their sales and operational processes, manage inventory in real-time, and automate bookings. The business model is based on taking a commission from the total package price for each booking made through the platform.
Incubated at Kochi's Startup Village, iTraveller gained early recognition and secured approximately $1.25 million in funding through angel and Series A rounds from investors including ah! Ventures, LetsVenture, and Mantra Ventures. A significant milestone in the company's history occurred in July 2020, when it was acquired by the European online travel leader lastminute.com Group for an undisclosed amount, with the deal formally completing on May 29, 2020. Following the acquisition, iTraveller's 45 employees joined the lastminute.com India team, and the platform now manages the India operations for in.lastminute.com, continuing its function as an end-to-end holiday marketplace with automated features.
Keywords: holiday packages, travel marketplace, custom vacations, online travel agency, trip planning, travel technology, tour operator platform, Bengaluru startup, travel ERP, holiday booking, vacation packages, Shiju Radhakrishnan, lastminute.com acquisition, travel automation, bespoke itineraries, Indian travel market, travel supply chain, online booking, destination discovery, custom travel