Published on : Wednesday, September 6, 2017
The funding round was led by Japanese travel company HIS Co. Ltd, while existing investor MakeMyTrip also participated in the round.
According to the company officials, this investment will help GoFro to additional strengthen its technology platform, supply and agent network and expand into international markets.
Amitabh Misra, founder and chief executive, GoFro said that the support of HIS and MakeMyTrip is a validation of the potential of GoFro’s marketplace platform.
They are now look forward to HIS’s global reach and experience to help to enhance the global supply network and provide great holiday packages at competitive prices.
GoFro is a three-way online marketplace for holiday packages connecting travellers with suppliers and destination experts.
GoFro was started with an aim to provide travellers with a vast collection of travel packages for both business and the tourism, from all important online and offline travel companies, including MakeMyTrip, Yatra, TUI and many more on a single platform.
Before starting Bona Vita, Amitabh Misra was the chief technology officer of online marketplace Snapdeal. The startup had come out of stealth in June 2016.
GoFro is poised with great success with a high growth of holidays in travel markets in India. Akira Hirabayashi, vice-chairman, HIS Co Ltd said that they believe that it holds the potential to become the next travel-tech revolution.