Ziptrrip acquires HelloTravel for undisclosed sum
Corporate travel platform Ziptrrip on Monday announced the acquisition of HelloTravel Online Private Limited for an undisclosed amount.The acquisition marks Ziptrrips first buyout within three years of starting its operations.The move expands its presence across business leisure, MICE meetings, incentives, conferences and exhibitions and experiential travel, segments that demand stronger supply networks and higher levels of execution.As part of the transaction, HelloTravel will operate as a wholly-owned subsidiary of Wayfarers Technologies Private Limited, the parent of Ziptrrip.
Corporate travel platform Ziptrrip on Monday announced the acquisition of HelloTravel Online Private Limited for an undisclosed amount.
The acquisition marks Ziptrrip's first buyout within three years of starting its operations.
The move expands its presence across business leisure, MICE (meetings, incentives, conferences and exhibitions) and experiential travel, segments that demand stronger supply networks and higher levels of execution.
As part of the transaction, HelloTravel will operate as a wholly-owned subsidiary of Wayfarers Technologies Private Limited, the parent of Ziptrrip. While the founders will exit the business, the existing team will be retained, ensuring continuity across operations and partner relationships.
Shan Prabhakaran, Co-founder & CEO, Ziptrrip, said, ''HelloTravel brings deep partner relationships and destination expertise built over years, which allows us to expand meaningfully into MICE and business leisure. Our focus will be on building on this foundation and working closely with partners to unlock new opportunities''.
At a broader level, the development strengthens Wayfarers Technologies' strategic positioning. With capabilities spanning travel management, expense management and now MICE, business leisure and experiential travel through HelloTravel, the company is building a differentiated full-stack platform in the corporate travel space.
This integrated approach creates a strong foundation for sustained growth in India while also opening pathways for global expansion, the company said. SHM
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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