Acquisition · Mobility & Logistics
Ziptrrip acquires HelloTravel to expand into MICE and business leisure travel
By Startup Enthusiast ·
- Date
- Company
- Ziptrrip
- What it does
- AI-powered corporate travel platform
- Kind
- Acquisition
- Based in
- Noida
- Founded
- 2019
- Sector
- Mobility & Logistics
What they do
Ziptrrip is an AI-powered corporate travel and expense management platform that facilitates over 2 lakh trips for more than 650 corporates
What happened
It acquired HelloTravel, a travel marketplace for travel agents and customised holiday packages, to expand into MICE (Meetings, Incentives, Conferences and…
Why it matters
HelloTravel has served over 1 crore travellers across 10,000 destinations and has a network of over 7,000 verified travel partners
The details
- Ziptrrip, an AI-powered corporate travel and expense management platform, acquired HelloTravel Online Private Limited, a travel marketplace for travel agents and customised holiday packages.
- The acquisition marks Ziptrrip’s first buyout within three years of its operations, expanding its presence in MICE (Meetings, Incentives, Conferences and Exhibitions) and business leisure travel.
- HelloTravel has served over 1 crore travellers across 10,000 destinations and has a network of over 7,000 verified travel partners.
- The founders of HelloTravel, Pankaj Agarwal and Mohit Shrivastava, will exit the business, while the existing team will continue managing operations and partner relationships.
- Ziptrrip aims to build a more integrated and resilient supply network spanning travel agents, destination management companies (DMCs), and hospitality partners.
The bigger picture
- The acquisition strengthens Ziptrrip’s strategic positioning by expanding its capabilities into MICE and business leisure travel, which require stronger supply networks and higher levels of execution.
- HelloTravel’s legacy of over 18 years and its deep network of travel partners provide Ziptrrip with immediate scale and reach in these segments.
- Ziptrrip’s parent company, Wayfarers Technologies, is building a full-stack platform in the corporate travel space, combining travel management, expense management, and MICE capabilities.
About the business
- Ziptrrip is an AI-powered corporate travel and expense management platform that streamlines corporate travel through automation, policy-led bookings, and AI-driven insights.
- It facilitates over 2 lakh trips for more than 650 corporates and focuses on optimizing cost and efficiency.
- The platform operates under Wayfarers Technologies Private Limited, which was incorporated in 2019.
- Ziptrrip reported revenue of Rs 1.47 crore for the 2024-25 financial year, up 140% from the previous year, and posted a net profit of Rs 3.8 lakh.
What happens next
- Ziptrrip will focus on strengthening its platform and partner network, with an emphasis on deeper collaboration and operational efficiency.
- The company aims to deliver high-quality, customized travel experiences across MICE and business leisure at scale.
The deal
- Type
- acquisition
Founders
- Shan Prabhakaran, Co-founder & CEO, Ziptrrip
- Rishabh Agarwal, Co-founder & COO, Ziptrrip
- Pankaj Agarwal, Co-founder & CEO, HelloTravel
- Mohit Shrivastava, Co-founder & COO, HelloTravel
Other articles talking about it
Same day
- Mishmash Naturals launches kids' Ayurvedic care brand25 May 2026 · Launch
- Veloce AIF raises over 160 crore for second fund25 May 2026 · New fund · ₹300 crore
- Yes Madam raises ₹50 Cr in Series A funding from Info Edge Ventures25 May 2026 · Funding · ₹50 Cr
- JobsUPI launches voice-first hiring platform for blue-collar workers25 May 2026 · Launch
- Fraganote raises ₹8 crore Pre-Series A25 May 2026 · Funding · ₹8 Cr
- Aarti Laxman launches sugar-free dessert company25 May 2026 · Launch