India, Oct. 22 -- Update | October 22, 16:51

Delhi-based B2B travel tech startup TravClan has raised a $5 Mn funding round comprising a mix of equity and debt. While Walmart-owned ecommerce major Flipkart and Singapore-based investment firm August One subscribed to the equity portion of the round, Trifecta Capital provided the debt financing.

"The next generation of travel software will not just help sellers search faster. It will increasingly execute work for them. Our ambition is to make TravClan the infrastructure that any travel business can build on instead of having to recreate the entire travel stack itself. This capital allows us to invest aggressively behind that opportunity," said TravClan CEO and cofounder Arun Bagaria.

Orig...