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Travelstop

From EverybodyWiki Bios & Wiki

Travelstop is a SaaS company that makes business travel platform. The company provides tools to manage business travel, expense reporting, and data analytics for travel and expenses.[1][2][3]

Travelstop
File:Travelstop logo.png
Travel Company
ISIN🆔
IndustryCorporate Travel
Founded 📆2018 (2018) in Singapore
Founder 👔
  • Prashant Kirtane (CEO)
  • Vijay Aggarwal (CTO)
  • Altaf Dhamani (CPO)
Headquarters 🏙️,
Singapore
Area served 🗺️
Worldwide
ServicesCorporate travel management
Members
Number of employees
12
🌐 Websitewww.travelstop.com
📇 Address
📞 telephone

History[edit]

Travelstop was founded in Singapore by Prashant Kirtane, Vijay Aggarwal, and Altaf Dhamani.[4][5][6]The founder and CEO, Prashant Kirtane, is a former Yahoo! exec turned entrepreneur who sold his previous travel-tech startup travelmob to Expedia's HomeAway in 2015.[7][8][9]

Seed Funding[edit]

Travelstop raised US$1.2 million seed funding in August 2018 led by Singapore-based venture capital firm SeedPlus.[10][11][12][13]

Platform[edit]

Travelstop platform offers tools that simplify and automate the entire business travel experience–right from trip planning to expense reimbursements. Travelstop plans to initially focus on small and medium-sized enterprises in Asia where business travel remains largely unmanaged.[14][15]

The platform is used by employees to book and manage their own business travel, which includes hotel and flight bookings. In addition to travel, employees can also use the platform for expense reporting.[16]

The platform uses artificial intelligence and machine learning to personalize the travel and budget recommendations for the company.[17][18]

References[edit]

  1. "Angel.co: Travelstop". angel.co.
  2. "Introducing Travelstop". Medium. Travelstop. 27 August 2018. Retrieved 18 November 2018.
  3. "What is Travelstop?". Travelstop. Retrieved 18 November 2018.
  4. Russell, Jon. "Travelstop brings business travel management to SMEs and startups in Southeast Asia". TechCrunch. Retrieved 18 November 2018.
  5. "Product Hunt: Travelstop". Product Hunt. Retrieved 18 November 2018.
  6. "Crunchbase: Travelstop". Crunchbase.
  7. Schaal, Dennis (26 October 2015). "HomeAway Buys Out the One-Third of Travelmob That It Didn't Already Own". Skift. Retrieved 18 November 2018.
  8. Russell, Jon. "Airbnb Rival HomeAway Ups Its Focus On Asia With Full Buyout Of Travelmob". TechCrunch. Retrieved 18 November 2018.
  9. Picker, Leslie (4 November 2015). "Expedia to Acquire HomeAway for $3.9 Billion". The New York Times. Retrieved 18 November 2018.
  10. Ramchadani, Nisha. "Startup Travelstop pulls in US$1.2m in seed funding". The Business Times. Business Times (Singapore). Retrieved 18 November 2018.
  11. Maulani, Anisa Menur (27 August 2018). "Travelstop, a platform that aims to simplify business travels, gets US$1.2M seed funding". e27. e27. Retrieved 18 November 2018.
  12. Woo, Mars (27 August 2018). "SG travel startup Travelstop raises $1.2m seed round led by SeedPlus". DealStreetAsia. Deal Street Asia. Retrieved 18 November 2018.(subscription required)
  13. Pratama, Aditya Hadi. "[Flash] Layanan Travel Khusus Perjalanan Bisnis Travelstop Raih Pendanaan Rp17 Miliar". id.techinasia.com (in Bahasa Indonesia). Tech in Asia. Retrieved 18 November 2018.
  14. Yeoh, Siew Hoon (27 August 2018). "Prashant Kirtane out to make Travelstop unstoppable as agent of change in unmanaged corporate travel in Asia - WIT". WIT. WIT. Retrieved 18 November 2018.
  15. 邓, 三三 (27 August 2018). "东南亚商旅管理市场亟待开发,Travelstop 为中小企业提供本土化方案" (in 中文). 36kr.com. Retrieved 18 November 2018.
  16. Huang, Jo-Ann. "He once rejected a buyout offer from Airbnb. Now, he aims to improve travel expense claims". www.techinasia.com. Tech in Asia. Retrieved 18 November 2018.
  17. "利用AI简化商旅预定、实现报销自动化,Travelstop获120万美元种子轮融资". www.sohu.com (in 中文). 28 August 2018. Retrieved 18 November 2018.
  18. Randi, Eka (28 August 2018). "Startup Travel B2B Travelstop ekspansi ke Indonesia | Dailysocial". dailysocial.id (in Bahasa Indonesia). Daily Social. Retrieved 18 November 2018.


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