India: Campsite aggregator Deyor Adventures raises $500k

Photo: Pradeep Gaur/Mint

Deyor Adventures Pvt. Ltd, which runs campsite aggregator Deyor Camps, on Wednesday, said it has raised $500,000 from Rajesh Arora, Nitin Passi, Manickam Mahalingam, Udaan Angels and Arkas Industries.

In July, Deyor had raised an undisclosed amount from Naspers-backed Travel Boutique Online (Tech Travels Pvt. Ltd).

Founded in January by Dheeraj Jain, Chirag Gupta, Himanshu Agarwal, Aakaar Gandhi and Gautam Yadav, the company provides alternative accommodation such as tents, cottages and tree houses through its mobile application and website along with booking location-based adventure activities.

“We list our adventure activities as value-add services on our platform and are expecting to see a similar traction as we have seen for our campsite bookings,” said Gupta in a statement.

“Deyor Camps is a meta distributor of activities wherein each activity provider updates details about their activities, pricing and timings ensuring 100% live inventory is maintained,” added Gupta.

The company has serviced over 10,000 travellers so far, who have chosen over 200 activities, across 170 properties, in over 55 cities. The average ticket size of the camp is Rs1,500 per person for one night, Mint reported in July.

Deyor Camps has signed three-year exclusive contracts with 100 main campsites across 45 locations at places like Rishikesh, Coorg, Lonavla and Manali. It targets to have 300 campsites by the end of the year. Deyor also aims to enter the south and South-east Asian markets.

A team of 10, Deyor Camps targets to service more than 25,000 travellers and is looking to partner with more alternative accommodation properties and activity organizers, with number of travellers growing at a month on month rate of 51% said the company. Deyor Camps is a cash positive entity.

“Operating in a monopolistic nature in this sector, Deyor Camps is a technology platform, which makes booking camping trips as simple as booking a hotel room, hence, structuring a highly fragmented sector,” said Jain in a statement.

Also Read:

India: Travel Boutique Online acquires strategic stake in Deyor Camps

This article was first published on Livemint.com

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.