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Former Groww Team Launch Onto, a Customer-First Travel Platform, with USD 1 Million in Pre-Seed Funding | ||
Bengaluru, Karnataka, India
Onto, a Bengaluru-based customer-first travel platform founded by former Groww professionals Jagdeep Singh and Shubham Goyal, has launched its services and raised USD 1 million in pre-seed funding. The funding round was led by Stargazer Fund and co-led by Singapore-based White Venture Capital.
Left to Right: Jagdeep Singh and Shubham Goyal, Co-founders of Onto Onto launches with a simple promise: to stay on the traveller's side even after they pay. Its first offering, Price Drop Refund, automatically gives travellers the difference back when hotel prices fall after booking, including for eligible bookings made on other platforms. Onto brings together a team with experience in building consumer technology products. The company aims to extend a technology-led, customer-focused approach to travel, beginning with hotel bookings.
The company will use the fresh capital to scale operations, strengthen the company's technology infrastructure and develop new products as Onto builds towards a more connected, AI-led travel experience.
Jagdeep Singh, Co-founder, Onto, said, “The travel industry is built around transactions, so the moment you pay, everyone stops caring. We started Onto to be the platform that stays on your side after you book. Today, that means refunding you when your hotel's price drops, wherever you booked it. Tomorrow, it means looking after your entire trip, bringing every booking into one place, and using AI to show you only what matters to you, and why."
Onto's app recorded more than 2,000 downloads ahead of its official launch, indicating early interest in its approach to travel booking. According to the company’s early booking data, almost every booking experienced a price change after it was made, while one in two bookings resulted in an automatic refund to the traveller.
Onto has deeper integrations with multiple hotel suppliers, enabling it to offer bookings across domestic and international destinations from launch. Onto plans to expand beyond hotel bookings, with a focus on making the wider travel journey simpler and more personalised.
About Onto
For more information, please visit website: onto.travel. Download the Onto app: onto.onelink.me/Cw2x/1abzgarq |
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