Online travel agency HappyEasyGo raises funds in series A+ round

Must Read

Jharkhand polls for 81 constituencies from November 30 to December 20; counting on 23rd December

Addressing a press meeting today, Chief Election Commissioner Sunil Arora has announced the poll dates for Jharkhand Legislative assembly....

Congress forms six-member committee of AICC to review situation of NRC in Assam

In a bid to review the condition of Assam state after the implementation of the NRC exercise, Congress party...

Shiv Sena elects Eknath Shinde as party’s legislative leader; Sunil Prabhu appointed as chief whip of party

In a striking breakthrough, Shiv Sena elected senior minister Eknath Shinde as the party's legislative leader today. It has...

Gurugram-based online travel agency (OTA) HappyEasyGo has raised an undisclosed amount of funds in series A+ round from Korea Investment Partners (KIP), Samsung, and China-based CITIC Capital, along with participation from other investors.

HappyEasyGo was founded by Vivek Prabhakar in May 2017. The startup aims to provide affordable flight tickets to its user through its technology platform. It is heavily focused on customer acquisition by providing various offers and the facility to transfer cashback amount directly to bank account.

This OTA startup has also introduced Happy Wallet, a virtual account where customers can save their rewards and cashbacks. The wallets are of two types Happy Silver and Happy Gold.

According to reports, the startup is books around 180,000 to 200,000 flight tickets every month.

While the online travel industry is dominated by the likes of MakeMyTrip,, and Cleartrip, new players are looking to challenge the established players in this domain.

HappyEasyGo is spurlging a huge amount of money on customer acquisition by providing heavy cashbacks in order to lure customers.

According to a GoogleBCG report in June 2017, the overall Indian travel industry is expected to reach $48 billion by 2020, growing at a CAGR of 11-11.5%. The travel industry is already very competitive and as the industry grows, more startups will be looking to take the advantage, making the industry even more competitive, which might help the customers.


Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

BRICS nations to deny safe haven to economic offenders

Brasilia, Nov 15 (IANS) The BRICS nations on Thursday reaffirmed their commitment to fighting corruption, and joining multilateral efforts...

Modi bats for boosting intra-BRICS trade to $500 bn

Brasilia, Nov 15 (IANS) Prime Minister Narendra Modi on Thursday pushed for boosting intra-BRICS trade and investment and urged that a roadmap be readied...

Manushi Chillar to star opposite Akshay Kumar in ‘Prithviraj’

Mumbai, Nov 15 (IANS) Miss World 2017 Manushi Chillar is making her Bollywood debut opposite Akshay Kumar in the upcoming film "Prithviraj".Directed by Chandraprakash...

Mamata continues to avoid comment on Ayodhya verdict

Kolkata, Nov 14 (IANS) Six days after the Supreme Court verdict on the Ayodhya dispute, West Bengal Chief Minister Mamata Banerjee on Thursday parried...

JNU protesters charge administration with ‘damaging campus’

New Delhi, Nov 14 (IANS) Agitating Jawaharlal Nehru University (JNU) students, who allegedly vandalised the varsity's administration block, charged the "administration and their cronies"...
- Advertisement -

More Articles Like This