Travel-Tech Bookingjini Raises Pre-Series A Round Led By IPV

Bookingjini secured contracts with 8 State Tourism Development Corporations and surpassed the significant milestone of crossing 1.2 million USD in Annual Recurring Revenue (ARR)

Sibasish Mishra, CEO, Bookingjini

FinTech BizNews Service   

Mumbai, January 25, 2024: Bookingjini, a travel-tech platform raised an undisclosed amount in a Pre-Series A Round led by Inflection Point Ventures. The funds will be allocated towards both product development and customer acquisition strategies.

Bookingjini is dedicated to redefining hospitality through cutting-edge technology, by providing a seamless booking experience for both hoteliers and guests. The platform offers a smart booking engine, channel manager, guest relationship management, analytics, and mobile accessibility. Bookingjini stands out from peers in the industry for its focus on continuous innovation, building customizable solutions, robust support, and scalable services, empowering hotels to thrive in an ever-evolving industry.

Sibasish Mishra, the Founder and CEO, leads Bookingjini with a passion for transforming the hospitality industry through innovative technology and a customer-first approach.
Madhukar Bhardwaj, Sr. Vice President, Inflection Point Ventures, says, “Boutique hotels depend heavily on intermediaries to achieve their bookings which leads to heavy commission outflow and marginal gains. Managing sales, customers, managing hygiene, hotel maintenance, guest services, and the ever-expanding digital landscape further complicates their challenges. Bookingjini addresses these issues by providing technology, including a booking engine, guest relationship management system, and a robust customer service. This not only empowers the hotels but also helps in cutting down the cost of traditional intermediaries. Bookingjini's vision on simplifying hotel operations in an ever-evolving digital landscape is a game changer.”

Bookingjini operates with a significant scale in India, serving over 2100 paying customers in India.

Bookingjini excels in revolutionising hospitality through innovative solutions like its smart booking engine and robust guest relationship management. Its unique selling proposition lies in continuous innovation, adaptability, and unwavering support, empowering hotels to optimise revenue, personalise guest experiences, and scale seamlessly.

Sibashish Mishra, Founder & CEO, Bookingjini, says, “I believe in empowering hotels with technology that not only simplifies management but transforms the entire guest experience. Our journey is defined by an unwavering commitment to innovation, a passion for customization, and a dedication to supporting our clients in every step of their growth. In a world where hospitality meets technology, Bookingjini stands as a beacon of seamless solutions, shaping the future of how hotels connect with guests and thrive in the digital era.”
Bookingjini has achieved remarkable milestones, securing partnerships with 8 State Tourism Development Corporations and surpassing the significant milestone of crossing 1.2 million USD in Annual Recurring Revenue (ARR).

The Indian market for this industry is poised for substantial growth, projected to reach a staggering USD 57 billion by the year 2027.
About Bookingjini

Bookingjini redefines hospitality with advanced tech, delivering a smooth booking experience. The platform offers smart tools like booking engines, channel managers, and guest relationship features. It is known for innovation, tailored solutions, strong support, and growth-oriented services, empowering hotels to excel in this dynamically evolving industry.

About Inflection Point Ventures & Physis Capital

Inflection Point Ventures (IPV) is an angel investing platform with over 9600 CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has announced the launch of a $50 million CAT 2 AIF, Physis Capital, to invest in pre-Series A to Series B growth-stage start-ups.

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