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Mayfield, Kalaari back India-based travel itinerary site

  • Holden Mann
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Kalaari Capital and Mayfield have committed $3 million in Series B funding to Indian travel planning site TripHobo.

It is the second investment in the company for Kalaari and the first for Mayfield. TripHobo's release said the funds will be used for R&D and growing the team, along with building partnerships in the travel industry.

TripHobo suggests itineraries for users as they input their travel plans. Recommendations include hotels, attractions and transportation, and take into account the traveler's previous choices and preferences. Once customers have set their itineraries, the site can help to book hotel rooms and tickets. It also allows users to see others' itineraries for suggestions.

In its Series A round in June 2014, TripHobo raised $1 million from Kalaari, the sole investor. Kalaari has provided early stage and seed capital to a number of Indian tech startups, including $2.5 million for social media manager Crowdfire this year and $3 million for data analytics firm Germin8 last year.

Mayfield is also active in the tech sector in India, China and the US. Its $108 million India II fund is dedicated to supporting start-ups in the country, such as ATM security systems developer Securens, to which Mayfield committed $5 million in 2014.

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