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Smartairtrip

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IndiaFounded 2011eCommerce & Marketplaces
Valuation $50–100M Last recorded · 2015
Total funding $10–50M Disclosed equity funding
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About Smartairtrip

Based in New Delhi, India, Smartairtrip.com operated as an online travel technology company. The business was founded in 2011 by Dhruv Shringi. Smartairtrip provided an online platform designed to offer users competitive airfares and hotel deals.

The company's business model targeted both end consumers and travel agents. For individual travelers, its website aimed to provide the best discounts available. For its network of travel agents, which numbered around 12,300 across India, the USA, UK, Canada, and Thailand, it offered exclusive deals with high commission rates. The strategy involved negotiating exclusive deals with airlines and hotels, and in some cases, pre-purchasing hotel rooms and airline seats to secure favorable rates.

In February 2015, the company announced it had raised $10 million in a Series A funding round, which valued the startup at $100 million. The stated intention for this capital infusion was to enhance its technology, expand operations, and increase marketing efforts. At that time, the company reported a turnover of INR 36 Cr. for the previous year and projected reaching INR 200 Cr. However, subsequent records indicate that the company went out of business around November 2016.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2011
Headquarters
India
Open positions
None listed
Dealroom signal
21.0/100
Industry
Travel
Sub-industry
Booking & Search
Sector
eCommerce & Marketplaces, Travel & Tourism, Ticketing, Travel, Lead Generation, Price Comparison, Search Engine, Metasearch, Booking, Deal Comparison, Flight Management
Business model
Marketplace & ecommerce
Client focus
b2c
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Feb 2015 $10M $40M Undisclosed —
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Growth signals

Smartairtrip website traffic

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Investments and acquisitions

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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇮🇳 India HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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