Kahini Chakraborty – Mumbai
Launched in 2013, TripFactory.com plans to invest in its technology tools over the next few years. The company co-headquarted in India and in the US, has partnerships with Air Costa, SpiceJet and GoAir to power their holiday products. The company is in the process of integrating with four other airlines which is expected to go live this fiscal. Speaking exclusively to Express TravelWorld, on the company’s growth plans, Vinay Gupta, founder and CEO, TripFactory.com said, “We have the widest range of packages. Our platform offers over 5,00,000 travel products and we aim to become the largest online travel store globally. TripFactory.com started its journey with a seed capital of US$ two million to launch the business. We have been growing fast and hope to maintain the pace.”
When asked about the recent travel booking trends seen in the market, Gupta opined, “Holiday packages market in India is slowly showing signs of maturity and customers are increasingly booking their packages online, which was predominantly an offline business earlier. In some travel companies, mobile has already crossed about 40 per cent of total traffic and bookings. With smartphones and mobile data plans becoming cheaper in India, mobile is set to become the number one channel in terms of traffic and bookings in the near future.”