Funding · Commerce & Consumer Brands

Escape Plan raises $25M Series A round

By Startup Enthusiast · 22 January 2026

What they do

Escape Plan is a platform selling luggage, backpacks, and travel accessories

It raised $25M in Series A led by Jungle Ventures, with Fireside and IndiGo Ventures

The company plans to expand offline to 200-plus stores and enter international markets

Escape Plan raised $25 million in a Series A round.
The round was led by Jungle Ventures.
Fireside Ventures and IndiGo Ventures also participated.
IndiGo Ventures is the corporate venture arm of IndiGo Airlines.
The company had previously raised a $5M seed round in July 2025 led by Jungle Ventures.
Escape Plan plans to use the funds to accelerate offline retail expansion to 200-plus stores.
It also plans to strengthen supply chain, invest in tech, and expand into adjacent travel categories.
The company aims to enter select international geographies aligned with Indian outbound travel.

The global travel accessory market is expected to grow from $56.82B in 2025 to $80.06B by 2030.
Escape Plan positions itself as a platform-led travel products company, not a single-brand luggage player.
It aims to be like Decathlon for sports or Lenskart for eyewear.
The fundraising process took only 2 to 2.5 months from first conversation to money in bank.

Escape Plan is a travel products platform selling luggage, duffels, backpacks, slings, pouches, modular organisers, travel accessories, and mobility solutions.
It operates omnichannel: online marketplaces, D2C, and an offline retail network.
The company sells products from brands including HRX by Hrithik Roshan and Rare Rabbit.
It sells both in-house and partner-manufactured products.
Escape Plan has over 25 offline stores.
It has served 6–7 lakh customers and ships around 2 lakh luggage pieces monthly.
Its annualised revenue run rate is over ₹300 crore.
Current revenue split is 80% online and 20% offline; target is 60% online, 40% offline by end of FY27.

Accelerate offline retail expansion to 200-plus stores by end of 2026 or early 2027.
Strengthen supply chain and pricing.
Widen reach beyond top 25-30% of India.
Invest in technology.
Expand into adjacent travel categories.
Enter select international geographies aligned with Indian outbound travel.
Working on own quick commerce offering.
Target revenue split: 60% online, 40% offline by end of FY27.
Plan to exit 2026 with 8 to 12 brands on platform.

Jungle Ventures (lead) — Existing investor; led both seed and Series A rounds.
Fireside Ventures (participated) — Existing investor; participated in seed and Series A rounds.
IndiGo Ventures (participated) — New strategic investor; corporate venture arm of IndiGo Airlines.

Product: based lifestyle startup
Customers: Consumers buying travel accessories and luggage, plus brand partners for retail distribution.
How it makes money: Sells travel products through retail and brand partnerships.
What sets it apart: Built around modern traveller needs and retail-style brand collaborations.
Operations: Partners with lifestyle brands and expands through physical retail.