Travelstack Tech is backed by Accel India, Goldman Sachs, and Anupam Mittal
FinTech BizNews Service
Mumbai, 24 December 2025: Accel India, Goldman Sachs, and Anupam Mittal backed Travelstack Tech has filed DRHP for IPO.
Travelstack Tech operates TravelPlus, India’s largest hotels-focused corporate travel management platform for enterprise clients, in terms of revenue from operations in Fiscal 2025. (source: 1Lattice Report)
New Delhi-based Travelstack Tech has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).
The IPO, with a face value of Rs 1, is a fresh issue up to Rs 250 crore and an offer for sale up to 26,852,969 shares by promoters – Vaibhav Aggarwal, Adarssh Mnpuria.
Other selling shareholders are Anupam Mittal, Accel India IV (Mauritius) Ltd, Global Private Opportunities Private Partners II LP, Global Private Opportunities Partners II Offshore Holdings LP, Panthera Growth Fund II VCC, PGP India Growth Fund I, Panthera Growth II, Qualcomm Asia Pacific Pte. Ltd, and XTO10X Mauritius Pte. Ltd.
