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Smartairtrip

eCommerce & Marketplaces · India · Founded 2011

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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.

Keywords: online travel agency, travel tech, flight booking, hotel deals, travel agent portal, airline tickets, hotel reservations, travel discounts, B2B travel, B2C travel, India travel market, Dhruv Shringi, travel platform, airline commissions, hotel content, travel startup, New Delhi startup

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Smartairtrip's talent

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Source: Dealroom Talent Intelligence.

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Market sentiment

What the market is saying about Smartairtrip

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