TripFactory Budget Reactions on E-commerce and Tourism

“Overall the budget is growth oriented and the announcement of schemes like Mudra Bank and Cashless transactions through RuPay card will help push the e-commerce sector towards that growth trajectory. Further increasing the purview of the TVoA scheme to 150 countries under different stages, point towards more tourists’ inflow in India in the times to come,” said Vinay Gupta, Founder and CEO, TripFactory.

About TripFactory: www.tripfactory.com :

TripFactory is a travel technology platform that organises the world’s travel knowledge and products, offers unbiased advice, presents a wide range of travel products at best prices directly sourced from travel companies, and provides a personalized shopping and booking experience.

TripFactory platform enables customers to browse travel products using semantic search technology. For example, a traveler can search for ‘Fly from Delhi to Dubai and stay in a 5 star hotel under Rs 40,000’.

The platform powers the holiday portals of airlines such as SpiceJet, Air Costa and GoAir. With an offering of over 5,00,000 travel products and packages, TripFactory aims to become the largest online travel store globally.

Launched in 2013, TripFactory aims to revolutionise the travel industry with its superior technology that not only brings offline travel companies to the online world, but also creates a win-win situation by bundling travel products from suppliers in the most efficient way.

TripFactory is co-headquarted in India and in the US, and it is founded by Vinay Gupta and Amit Aggarwal, who were also the co-founders of Via.com, a leading Asian travel brand.