In a move that heralds an imminent disruption within the high-potential adventure travel industry, angel investors from Venture Catalysts, Indian seed investment and innovation platform, have led the pre-Series A funding of Deyor Camps, an adventure travel start-up. Existing investor Dheeraj Jain, who has been actively involved in the strategic growth of the company since it started its operations in January 2016, also participated in the round, which also saw participation from other prominent investors such as Dr. Ritesh Malik and Japanese VC firm REAPRA Ventures.
Founded by Chirag Gupta, Aakaar Gandhi, Himashu Aggarwal, and Gautam Yadav, Deyor Camps is India’s largest supplier for alternative accommodation and adventure activities. Deyor Camps will utilise the funds raised to strengthen its core marketing activity, team building, and technology integration. It will also be developing quality content, in addition to enhancing its core expertise of creating thrilling experiences for adventure travellers. Deyor Camps had earlier been chosen for strategic investment by Naspers-backed Travel Boutique Online (TBO), the largest B2B platform for travel agents, which allows it access to a network of more than 20,000 travel agents.
Ankush Nijhawan, Co-founder, TBO Group said, “We are glad to be part of the journey of Deyor Camps which we believe will complement TBO travel portfolio and distribute adventure travel to our large travel agent network.”
Speaking on the investment, Dr. Apoorv Ranjan Sharma, Co-founder & President, Venture Catalysts, said, “As India’s first and only chain of branded adventure camps and…