Tripeur

Tripeur operates as a comprehensive corporate travel management platform, leveraging artificial intelligence and machine learning to enhance efficiency and transparency for business travel. Founded in Bengaluru, India, in December 2015 by Thiagarajan Rajagopalan, Sajit Chacko, Gowtham Jayaram, and Manish Raj, the company aimed to digitize and streamline the traditionally manual corporate travel booking process in India. Rajagopalan's inspiration for Tripeur stemmed from his personal experiences with inefficient business travel booking in India compared to his time at Motorola in the United States. After returning to India, he and Chacko spent about eight months conceptualizing and validating their business idea before formally launching.

The company provides an end-to-end solution that integrates trip creation, approval workflows, booking, policy compliance, and expense management into a single platform. It caters to businesses with travel spends ranging from ₹1 lakh to ₹2 crore per month and an employee base of over 25. The platform is designed to serve all stakeholders, including the CFO by saving costs, the travel desk by streamlining processes, and the traveler by improving the user experience. Its system can be integrated with a company's existing ERP, HR, and finance systems, allowing for seamless data flow. A key feature is its ability to attach offline vendors, like cab services, to the online platform for centralized invoicing and reconciliation. Revenue is generated through a combination of commissions on transactions, subscriptions, and fee-for-service models.

Over its journey, Tripeur has raised a total of $2.86 million over seven funding rounds from investors including Incubate Fund, LetsVenture, and Pentathlon Ventures. The company faced significant challenges during the COVID-19 pandemic but managed to recover. A major milestone was its acquisition by Navan, a US-based all-in-one travel and expense management super app, on April 6, 2023. This acquisition was part of Navan's global expansion strategy and its first in India, providing Tripeur with a global platform and the ability to enhance its offerings with localized technology and inventory for the Indian market.

Keywords: corporate travel, expense management, B2B, travel technology, AI platform, SaaS, travel analytics, policy compliance, business travel booking, travel automation