Traveller technology firm Holiday Tribe raises INR 54 million in initial investment

The travel technology company Holiday Tribe, represented from left to right as Kunal Jhurani, Anshu Sharma, Sania Sakhuja, Chirag Goyal, and Siddharth Khandelwal, has successfully secured INR 5.4 crore in its initial fundraising round. This venture was spearheaded by Powerhouse Ventures and GSF, with notable contributors joining the effort, such as Dinesh Agarwal and Dinesh Gulati from India Mart, Murugavel Janakiraman of BharatMatrimony.com, and actor Gaurav Kapur. Holiday Tribe intends to leverage this investment to enhance its technological backbone, broaden its network of suppliers, and increase its visibility in the market.

Launched in 2023 by ex-MakeMyTrip leaders Anshu Sharma and Chirag Goyal, Holiday Tribe specializes in delivering highly tailored travel experiences. The company is designed to meet the changing demands of Indian travelers, providing holiday packages that can be customized to suit a variety of groups, such as families, newlyweds, thrill-seekers, and individuals eager to discover new or off-the-beaten-path locations.

In a collaborative statement, the founders of Holiday Tribe, Anshu Sharma and Chirag Goyal, shared their enthusiasm for the rise of travel activities after COVID, highlighting the growing need for personalized services. “The influx of funds will allow us to speed up our integration of technology, broaden our range of suppliers, and enhance our visibility as a brand. We are thrilled to start this adventure with our collaborators at Powerhouse Ventures and GSF, and we are hopeful that Holiday Tribe will become a preferred option for travelers seeking leisure trips,” they declared.

The money will be allocated for enhancing the startup’s back-end systems, which are vital for Holiday Tribe in providing prompt, tailored services that meet the particular tastes of its clients. With more than 100,000 hotel alliances across the globe and partnerships with over 10 international tourism authorities, Holiday Tribe is in a prime position to meet the increasing need for customized and immersive travel experiences.

The next generation, known as Generation Alpha, is at the forefront of influencing the direction of family travel trends: Hilton 2025 Insights
The Hilton Insights report reveals that young vacationers in India are especially drawn to activities related to entertainment, sports, and outdoor exploration. Interest in sports tourism is increasing, with nearly half of Generation Alpha and Generation Z indicating that they plan their vacations around big events like the FIFA Club World Cup and the Women’s ODI Cricket World Cup in 2025. Additionally, music festivals, particularly those featuring K-pop concerts, rank highly on the list, with 38 percent of young Indian vacationers showing a keen interest in experiencing live performances. For more information, see the details.

Powerhouse Ventures, an investment firm based in Singapore with a specialization in technology-oriented companies from India and the United States, is hopeful about its collaboration with Holiday Tribe. “The travel and hospitality industry is undergoing significant changes, and Holiday Tribe is ready to reshape the experience of leisure travel in India by merging technological advancements with individual attention. We are eager to assist them in reaching peak operational performance,” stated Kshitij Golwalkar, the Chief Investment Officer at Powerhouse Ventures.

Rajesh Sawhney, the creator of GSF, expressed his agreement, declaring, “Anshu and Chirag have a wealth of knowledge acquired from working in the travel sector, and they are poised to establish India’s premier personalized vacation travel agency. Modern travelers demand a high degree of customization, and Holiday Tribe is achieving this by concentrating on making guests feel valued every step of the way.”

The path of Holiday Tribe has received backing from GSF’s Founders Academy S23 group, a three-month program designed to mentor startup founders. With the extra financial support, the brand is now poised to enhance its skills and venture into new places, all while capitalizing on the growing Indian tourism sector.