HelloTravel acquired by Ziptrrip to expand presence across business travel segments
Platform for managing corporate travel and expenses Online travel marketplace Ziptrrip has purchased Hi there, Travel Online.
Through the acquisition, Ziptrrip will be able to increase its market share in business leisure, MICE (Meetings, Incentives, Conferences and Exhibitions), and experiential travel—segments that call for more robust supply networks and improved execution skills.
Shan Prabhakaran and Rishabh Agarwal co-founded Ziptrrip in 2019 to help corporates automate travel reservations, expedite approval processes, and apply intelligent algorithms for dynamic travel policies. Through its meta supply backend, the platform offers affordable fares by analyzing customer travel patterns and policy compliance.
By utilizing HelloTravel’s extensive network of travel agents, destination management companies (DMCs), and its sizable fan base, Ziptrrip hopes to enhance its capabilities through the acquisition. According to the company, more than 650 corporates have benefited from more than 2 lakh trips.
HelloTravel will function as a fully owned subsidiary of Wayfarers Technologies Private Limited as part of the deal. The current team will continue to oversee operations and uphold long-standing partner relationships even after the founders leave the company.
Pankaj Agarwal and Mohit Shrivastava co-founded HelloTravel, an online marketplace that links tourists with knowledgeable travel agents for personalized vacation packages. The website connects users with reputable tour companies that provide customized travel quotes.
HelloTravel offers more than 2 lakh experience-led travel packages and claims to have over 7,000 verified partners worldwide. Additionally, it has amassed a community of over 1.5 million natural followers.
