Mygola secures $1.5mn in Series A Funding Round Led by Helion Venture Partners; To Expand in US
October 17, 2013 2013-10-17 23:26Mygola secures $1.5mn in Series A Funding Round Led by Helion Venture Partners; To Expand in US
Mygola secures $1.5mn in Series A Funding Round Led by Helion Venture Partners; To Expand in US
Travel Startup, Mygola has raised $1.5M in a Series A funding round led by Helion Venture Partners with participation from existing investor Blumberg Capital. Post this funding, Ashish Gupta from Helion has joined the board.
Mygola pivoted from a travel concierge service to a DIY trip planner and plans to use funding to expand presence in the US, testing marketing channels and growth.
Mygola helps travelers discover travel itineraries that are customizable and instantly bookable. Travelers can tweak itineraries – changing days, adding places – and Mygola’s patent-pending algorithms take care of the logistical details. Travelers can collaborate and then instantly book the entire itinerary – hotels, museums and even local transportation – from a single page. Plus, Bangalore based startup has created patent-pending algorithms to convert any blog/article into an itinerary and to find the perfect route for a trip.
The platform covers more than 20,000 destinations worldwide and earlier raised $1mn funding from 500Startups and Blumberg Capital.
Read : Native App vs Mobile Website – (Mygola) Founder’s Perspective
