Corporate travel and expense management platform Ziptrrip has acquired online travel marketplace HelloTravel Online. The acquisition will help Ziptrrip expand its presence across business leisure, MICE (Meetings, Incentives, Conferences and Exhibitions), and experiential travel, segments that require stronger supply networks and higher execution capabilities. Co founded in 2019 by Shan Prabhakaran and Rishabh Agarwal, Ziptrrip enables corporates to automate travel bookings, streamline approval workflows, and implement dynamic travel policies using intelligent algorithms. The platform analyzes customer travel patterns and policy compliance to offer cost effective fares through its meta supply backend. With the acquisition, Ziptrrip aims to strengthen its capabilities by leveraging HelloTravel’s long standing network of travel agents, destination management companies (DMCs), and its large follower community. The company claims to have facilitated over 2 lakh trips across more than 650 corporates. As part of the transaction, HelloTravel will operate as a wholly owned subsidiary of Wayfarers Technologies Private Limited. While the founders will exit the business, the existing team will continue to manage operations and maintain long standing partner relationships. Co founded by Pankaj Agarwal and Mohit Shrivastava, HelloTravel operates an online marketplace that connects travelers with specialized travel agents for customized holiday packages. The platform matches users with verified tour operators offering tailored travel quotes. HelloTravel claims to have more than 7,000 verified partners across destinations and offers over 2 lakh experience led travel packages. It has also built a community of more than 1.5 million organic followers. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
