Gurgaon-based Deyor Adventures Pvt. Ltd, which runs and operates campsite aggregator Deyor Camps, has raised pre-Series A funding from Mumbai-based seed investment platform Venture Catalysts and Japanese venture capital firm REAPRA Ventures.
Angel investor Ritesh Malik and existing investor Dheeraj Jain also participated in the round. The startup has diluted 5% of its equity to raise investment in this round, a company statement said.
The startup will use the funds to strengthen its core marketing activity, build the team, integrate technology and develop content. It will also use the capital to enhance its core expertise of creating adventure experiences for travellers, the press note added.
“The latest investment gives us the resources to expand quickly and strategically into new locations, innovate rapidly, and deliver on our vision to organise the fragmented adventure travel sector in India,” said Chirag Gupta, co-founder and chief executive of Deyor Camps.
Founded by Gupta, Aakaar Gandhi, Himashu Aggarwal, and Gautam Yadav, Deyor Camps provides alternative accommodation like tents, mud cottages, tree houses, and houseboats and adventure activities like scuba diving, paragliding, paramotoring, river rafting, and more. The startup claims to have integrations with over 72 online travel agencies like MakeMyTrip, Goibibo, Booking.com and Agoda….