Sets sight on future growth, scalability and expansion of operations
Guiddoo, a
one-stop shop for in-destination experiences, has secured capital of $800,000
(6 CR approx.) in the Pre-Series A funding, held in July this year. The funding
was led by global investors including Rennie Ratadia (Singapore ), Stephen Dmello (Dubai )
& Angshuman Sarkar (India ).
Guiddoo aims to leverage the fresh funding to expand operations, increase
destination reach, product portfolio and to further develop its technology
platform. It will strengthen its portfolio by adding new destinations
under its ‘customised packages’ offering and will beef up teams to manage the
increase in operations in the Global and Indian Market.
In
terms of the strategy for business growth, the company aims to commence China
operations by Feb 2019. Another focus area will be to build a pan India
distribution network for the its Tours & Activities & Holidays
products.
Having
been an avid traveller, I Saw Indian tourists in all parts of the world.
Guiddoo presents me with a great opportunity to tap into outbound Indian
tourists, I see great potential in this segment with more and more Indians
travelling abroad Every Year” Says Rennie Ratadia, Global Investor.
Incepted
in 2013, the startup has been actively helping travellers by providing seamless
services so that they can make the most of their trips. Guiddoo offers an array
of services like Guided Tours and Activities, Dining, Entertainment and
Shopping as add-ons to the Indian Outbound travellers and curates special
packages for them which are unique to the Indian travellers, and are different
from the global products in experience, culinary habits and prices among
others.
The
Guiddoo app is available on both Android iOS platforms and has a robust web
platform for its Travel Agent network. Guiddoo offers its Tours &
Activities across 11 international destinations through 4000+ Travel Agents
across India and also has
institutional partners including Cleartrip & Yatra.
New Delhi/Mumbai, December 03, 2018
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