Saturday, October 1, 2022
HomeInsightFunding Alert Travel tech platform Encamp Adventures raises Rs 1 Crore funding

[Funding alert] Travel tech platform Encamp Adventures raises Rs 1 Crore funding

[Funding alert] Travel tech platform Encamp Adventures raises Rs 1 Crore funding

Travel tech platform Encamp Adventures has raised Rs 1 Crore funding from NEDFi Venture Capital Limited (NVCL).

This investment will be utilized for the development of physical and technical infrastructure,
strengthening our systems and processes, and for the go-to-market of sustainable stays and travel experiences in Northeast India, the startup said in a statement.

Read also – [Funding alert] Ruraltech startup FAARMS raises $10 mn in funding

Founded by Ratan Kumar in 2018, Encamp Adventures is a travel tech platform that organizes experiential trips to Northeast India, Nepal, and Bhutan.

“We have overcome the global pandemic impact with resilience that was only possible due to the support received from AIC – SMUTBI, and CIIE. CO under the SAP ARIBA mentorship and grant program, NERES program at Indian Institute of Entrepreneurship (IIE), HDFC Bank Parivartan, Cisco Technopreunership series by Assam Startup, and recognition at the prestigious Tata Social Enterprise Challenge by Tata Group, and IIM Calcutta Innovation Park. We were also successfully selected for the OCTANE2.0 program of Software Technology parks of India. We extend our sincere gratitude to all the ecosystem support and enablers for helping us grow through the crucial stages of our startup journey,” Ratan Kumar, Founder & CEO Encamp Adventures, said.

Encamp Adventures has been extensively supported by AIC – SMU Technology Business
Incubator under the SAPNE 1.0 start-up acceleration program leading to the first milestone in raising funds for further growth of our startup. The acceleration and incubation program at AIC SMUTBI started during the course of the pandemic giving us a new ray of hope not just to survive but succeed.

About Encamp Adventures

Encamp Adventures organizes experiential trips to Northeast India, Nepal, and Bhutan. They are a signatory to the Tourism Declares a Climate Emergency declaration and are working on building a digital travel assistant integrated with an automated carbon footprint calculator to enable end-to-end measurement of carbon emissions from a travel itinerary as well as reduction practices involving technology interventions mixed with physical projects such as afforestation and nature-based solutions.

Read also – [Funding alert] OneCard becomes India’s 104th Unicorn after raising $100 mn in Series D funding

As technology evolves and they move towards a screenless user experience, digital assistants and voice-based interactivity will get more popular and ubiquitous. Encamp Adventures’ goal is to be the market leader in the travel & tourism domain in the next decade.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

- Advertisment -

Also Read

- Advertisment -
Newsletter

Subscribe to our weekly newsletter and don't forget to check out the latest updates.