Ziptrrip Secures Rs. 2 Crore in Pre-Seed Funding
The brand will infuse money for market expansion, team building, and product innovation
Ziptrrip, the innovative AI-powered corporate travel and expense management platform, has successfully closed its pre-seed funding round, raising Rs. 2 crore from a clutch of prominent angel investors and industry leaders, including Anil K Jha (ex-Coal India Chairman & ex-Jindal Power Ltd. Chairman & Board of director), Prantik Dasgupta (Country Head – Coeclerici & a seasoned angel investor) and others.
This inaugural funding round marks a remarkable milestone for Ziptrrip, setting the stage for accelerated growth and expansion in the rapidly evolving corporate travel sector. The newly acquired capital will be strategically allocated to fuel Ziptrrip’s ambitious plans for market expansion, enhance its team-building efforts and drive continuous product innovation.
“This pre-seed funding represents a significant vote of confidence in our vision and the tireless efforts of our dedicated team. The investment will serve as a catalyst, enabling us to accelerate our growth trajectory, further enhance our AI capabilities, and continue delivering unparalleled value to our corporate clients. Our mission is to fundamentally transform corporate travel management by providing a solution that not only generates substantial cost savings but also dramatically improves efficiency and compliance across all aspects of business travel,” Shan Prabhakaran, Co-founder & CEO, Ziptrrip, said.
Rishabh Agarwal, Co-founder of Ziptrrip added “This investment is just the beginning. We’re looking forward to forging new partnerships, expanding our talented team, and continuing to push the envelope of what’s possible in travel tech. The future of corporate travel is here, and Ziptrrip is leading the charge.”
Prantik Dasgupta, seasoned investor, expressed strong confidence in Ziptrrip’s potential starting, “I was thoroughly impressed by Ziptrrip’s innovative approach to addressing the complexities of corporate travel management. The team’s deep industry expertise, combined with their cutting-edge technology, positions them uniquely in a market ripe for disruption.”
Since the launch of its product, Ziptrrip has experienced rapid adoption, forging partnerships with over 250+ corporate clients, including several industry leaders.