New Delhi based WeAreHolidays has raised an angel round of funding led by Mumbai Angels with participation from Blume Venture Capital, Sachin Bhatia (Co-Founder, MakeMyTrip) and an undisclosed angel group.
WeAreHolidays is developing an artificial intelligent holiday recommender platform targeted at the burgeoning customized holiday market. The company co-founded by Deepak Wadhwa, former head of Online Holidays for MakeMyTrip, Harkirat Singh, former Product Manager at MakeMyTrip and Mohit Piplani, who helped set up the India operations for Michael Page International, has been bootstrapped since its conception in March, 2011.
According to the CEO, Deepak Wadhwa, the money raised will be used for product development, holiday content and back end integrations. “We’ve spent the major part of our professional lives in close contact with the Indian leisure traveller and feel excited at the numerous possibilities to solve some widespread pain points faced by the consumer. We strongly feel technology can play a critical role to transform how travellers research, plan and buy their holidays,” said Deepak.
“We’ve been bootstrapping for over 2 years now by planning and selling customized holidays while focusing relentlessly on developing the recommender platform and curate original content. To better position ourselves more closely with holiday planning, we’re unveiling a new version of our site very soon,” added Deepak.
Anil Joshi, President – Mumbai Angels, said that WeAreHoliday’s platform would help traveler to plan their customized holiday/travel, which is currently missing in this space. While vanilla options helps in saving cost but may not serve the purpose for just married couple having package built for family. A technology enabled travel solution would help travelers spend their money where they want to and that’s what WeAreHoliday want to achieve.