Deyor Adventures raises $500,000
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New Delhi: Deyor Adventures Pvt. Ltd, which runs campsite aggregator Deyor Camps, on Wednesday, said it has raised $500,000 from Rajesh Arora, Nitin Passi, Manickam Mahalingam, Udaan Angels and Arkas Industries.
In July, Deyor had raised an undisclosed amount from Naspers-backed Travel Boutique Online (Tech Travels Pvt. Ltd).
Founded in January by Dheeraj Jain, Chirag Gupta, Himanshu Agarwal, Aakaar Gandhi and Gautam Yadav, the company provides alternative accommodation such as tents, cottages and tree houses through its mobile application and website along with booking location-based adventure activities.
“We list our adventure activities as value-add services on our platform and are expecting to see a similar traction as we have seen for our campsite bookings,” said Gupta in a statement.
“Deyor Camps is a meta distributor of activities wherein each activity provider updates details about their activities, pricing and timings ensuring 100% live inventory is maintained,” added Gupta.
The company has serviced over 10,000 travellers so far, who have chosen over 200 activities, across 170 properties, in over 55 cities. The average ticket size of the camp is Rs1,500 per person for one night, Mint reported in July. http://www.livemint.com/Companies/AikjrIm1zSRRl5f0DTvu2J/Travel-Boutique-Online-acquires-strategic-equity-in-Deyor-Ca.html
Deyor Camps has signed three-year exclusive contracts with 100 main campsites across 45 locations at places like Rishikesh, Coorg, Lonavla and Manali. It targets to have 300 campsites by the end of the year. Deyor also aims to enter the south and South-east Asian markets.
A team of 10, Deyor Camps targets to service more than 25,000 travellers and is looking to partner with more alternative accommodation properties and activity organizers, with number of travellers growing at a month on month rate of 51% said the company. Deyor Camps is a cash positive entity.
“Operating in a monopolistic nature in this sector, Deyor Camps is a technology platform, which makes booking camping trips as simple as booking a hotel room, hence, structuring a highly fragmented sector,” said Jain in a statement.