Mumbai, April XX, 2018:
Taxidio, a Mumbai-based online trip planner has raised $200,000 (INR 1.3 Crores) from undisclosed investors as seed investment. Live since May 2017, the company is soon looking to go for their Series A round of funding.
The age of using online travel services is here and travellers are increasingly more inclined to book their trips on the internet. Taxidio, which offers a wide range of services to these new age travellers will use the capital raised to aggressively build it’s brand across borders and expand its content and IT teams.
The Taxidio App is available for free on AppStore and GooglePlay.
“Since our website went live last year, we have noticed a stable growth of volume on our tool and assisted a large number to travellers with planning and booking their trips around the globe. We are now looking forward to cater to a larger audience through our Taxidio App which offers a simplified solution to every user’s travel needs.”, says Vishal Kejariwal, Co-founder and CEO of this cutting-edge travel startup.
“Travel planning should be all about personalisation and flexibility, and with Taxidio, we want to make travel as accessible and trouble-free as possible. Our website and app are designed to enhance user experience, and with the inflow of funding, we are ready to expand our reach as a reliable platform for a wide range of travel services.”, adds Abhas Desai, Co-founder and CTO of Taxidio.
The global tourism market is about 10% of the world’s GDP, close to 54% of which comprise of leisure travelers. The company is currently focused on the Indian market that itself is projected to grow at the rate of 11-11.5% to a $48 billion market by the year 2020, as per a report by Boston Consultancy Group.
Taxidio is a global DIY trip planner that acts as a one-stop-shop for the different aspects of travel such as destination selection, itinerary creation, travel guides, and hotel and attraction bookings. Taxidio was incorporated in 2015 by co-founders Vishal Kejariwal and Abhas Desai with an aim to cater to the entire value chain of a traveller’s requirement. Taxidio offers a unique service of recommending holiday destinations that are best-suited to the user’s travel preferences and further simplifies the tedious process of trip planning with its various features. Taxidio is recognised as a Startup by the Department of Industrial Policy and Promotion, Government of India. The company also has a copyright for its concept from the Government of India. For more information, log on to www.taxidio.com
For more information, please contact:
Sultana Varawalla | [email protected]