About Travel Fintech sector in India
The Travel Fintech sector in India comprises 41 companies, including 16 funded companies having collectively raised $70M in venture capital money and private equity. Out of these, 6 are Series A+ funded.
Travel Fintech sector in India has seen 4 acquisitions. This represents almost 9.8% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.
This sector includes companies that provide fintech solutions for travel-related needs.
Travel Fintech sector is also known as Travel Fintech Solutions, Advanced Travel Fintech or Digital Travel Fintech.
Fintech companies provide international remittance solutions, insurance solutions, payment solutions, loan solutions for travelers are included in this sector. Companies providing travel solutions that are not related to Financial Services are not included in this feed are excluded.
Top Travel Fintech Companies in India
There are 41 Travel Fintech startups in India which include EbixCash, Mihuru, Tripmoney, Thomas Cook Borderless Prepaid Card, Vernost. Out of these, 16 startups are funded, with 6 having secured Series A+ funding.
Over the past 10 years, an average of 1 new company has been launched annually. Notably, several of these startups have been founded by alumni of IIM Ahmedabad, IIM Bangalore and IIT Delhi.
Here is the list of top Travel Fintech startups in India
1. EbixCash
Provider of foreign exchange, remittance, financial technology, and travel agency services. It offers digital payment solutions, money transfer options, and financial exchange services. The company facilitates travel arrangements, payment processing, and technology-based financial solutions. It also focuses on wallet activation and identity verification processes.
Key facts about EbixCash
- Founded Year: 1989
- Location: Noida (India)
- Stage: Acquired
- Total Funding till date: $35.3M
- Investors: Lightspeed Venture Partners, Z47 and 1 Other
- Latest Funding Round: Series C, Sep 02, 2014, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 1 of 12 Competitors

2. Mihuru
Provider of point-of-sale financing solutions for travel bookings, allowing customers to book flights and other travel services now and pay later in installments. It is a provider of travel financing solutions that allows users to book flights, hotels, and holiday packages with small upfront payments and EMIs spread over months.
Key facts about Mihuru
- Founded Year: 2018
- Location: Mumbai (India)
- Stage: Seed
- Total Funding till date: $8.11M
- Investors: Chandirani Holdings, Yellow Services and 7 Others
- Latest Funding Round: Seed, May 27, 2024, $*****
- Tracxn Score: 45/100 What is this?
- Competitors Rank: 2 of 24 Competitors

3. Tripmoney
Online marketplace for travel loans. It offers a platform connecting borrowers with lenders for travel loans with lifetime limits, cash card loans for cross-border traveling, and more. It also features personalized insurance for users.
Key facts about Tripmoney
- Founded Year: 2014
- Location: Gurugram (India)
- Stage: Funding Raised
- Tracxn Score: 38/100 What is this?
- Competitors Rank: 3 of 16 Competitors
Multi-currency prepaid travel card. It allows international travelers to make transactions in various currencies. It is a multi-currency travel card that enables users to make transactions in various currencies without the need for conversion fees. The card is designed to provide a way for travelers to manage their foreign exchange expenses. With the card, users can load multiple currencies and use them for transactions over various merchants worldwide.
Key facts about Thomas Cook Borderless Prepaid Card
- Founded Year: 2011
- Location: Mumbai (India)
- Stage: Unfunded
- Tracxn Score: 34/100 What is this?
- Competitors Rank: 1 of 2 Competitors
5. Vernost
Provider of technology solutions for loyalty programs, travel, and payments. The company delivers platforms for digital customer engagement across various industries. It offers software with a service for loyalty, travel, and payment solutions. The business provides platforms to design, implement, and manage technology-driven solutions.
Key facts about Vernost
- Founded Year: 2014
- Location: Mumbai (India)
- Stage: Unfunded
- Tracxn Score: 32/100 What is this?
- Competitors Rank: 43 of 219 Competitors
Companies founded year-on-year in the Travel Fintech sector in India
5 Travel Fintech startups in India were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 2 |
2023 | 1 |
2022 | 2 |
2021 | 5 |
2020 | 1 |
2019 | 1 |
2018 | 5 |
2017 | 2 |
Stage-wise distribution of Travel Fintech sector companies in India
Out of the total 41 Travel Fintech companies in India, 16 have secured funding. Among them, 6 have reached Series A or higher, and 5 to Series B or beyond.
Founded - 41
Funded - 16
Series A+ - 6
Series B+ - 5
Series C+ - 5
Company Stage | No. of companies |
|---|---|
Founded | 41 |
Funded | 16 |
Series A+ | 6 |
Series B+ | 5 |
Series C+ | 5 |
Funding Trends in the Travel Fintech sector in India
Total funding year-on-year in the Travel Fintech sector in India
The Travel Fintech sector in India saw a total funding of more than $10.1M in the last 10 years. The most amount of funding was in 2021 at more than $7.36M.
- Total Funding
Year | Total Funding |
|---|---|
2026 | - |
2025 | $1M |
2024 | $38.3K |
2023 | - |
2022 | $257K |
2021 | $7.36M |
2020 | $442K |
2019 | $254K |
2018 | $380K |
2017 | $337K |
Recent Funding Rounds in Travel Fintech in India
In the year 2026, till January 2026, Travel Fintech companies in India have raised equity funding across 1 round.
Here are some recent, important funding rounds in Travel Fintech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
PE | 7789 | Jan 09, 2026 | ||
Series A | 8544 | Mar 31, 2025 | ||
Seed | 9424 | May 27, 2024 | ||
Seed | 6092 | Aug 17, 2023 | ||
Seed | 6456 | Dec 02, 2022 |
Top Investors in Travel Fintech in India
Gautam Kumar is the top investor in Travel Fintech companies in India based on number of companies invested.
Here are some top investors in Travel Fintech companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Delhi (India) | - | |
Menlo Park (United States) | ||
Bengaluru (India) | - | |
- | ||
- |
M&A activity in Travel Fintech sector in India
In the year 2017, till May 2017, 1 acquisition happened in Travel Fintech sector in India. Last year, in 2016, a total of 2 acquisitions happened in Travel Fintech sector in India.
Here are some recent, important acquisitions in Travel Fintech sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 24, 2017 | ||
Acqui-Hired | Oct 17, 2016 | ||
Acqui-Hired | Mar 21, 2016 | ||
Business Acquisition | Jun 07, 2013 |
Acquisition trends in Travel Fintech sector in India
Here are the acquisition trends in Travel Fintech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | 1 |
Colleges which produce the most Travel Fintech companies in India
Companies founded by alumni from top colleges in the Travel Fintech in India
Most number of Travel Fintech startups in India have been founded by alumni from IIM Ahmedabad, IIM Bangalore and IIT Delhi.
College | No. of companies |
|---|---|
IIM Ahmedabad | 1 |
IIM Bangalore | 1 |
IIT Delhi | 1 |
IIT Guwahati | 1 |
Kellogg School of Management | 1 |
London Business School (LBS) | 1 |
Stanford University | 1 |
Top News in Travel Fintech in India
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DELPHI WORLD Consolidated December 2025 Net Sales at Rs 63.92 crore, up 408.2% Y-o-YMoneycontrol•Mar 04, 2026•EbixCash
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EbixCash & Lotus India Pay launch co-branded Legend CardThe Tribune•Jan 07, 2026•EbixCash, Lotus Cars
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EbixCash Partners with iPiD to Secure Cross-Border Remittances for Indian StudentsBusiness Wire India•Aug 31, 2024•EbixCash, iPiD
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Spare8 Elevates the Digital Gold Investment Paradigm in Partnership with MoneyWare, EbixCash's SaaS Investment PlatformAsian News International•Feb 09, 2024•EbixCash, Spare8
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Sankash partners with Easemytrip to provide travel insurance and other servicesBusiness Traveller•May 02, 2023•SanKash, EaseMyTrip
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Sankash Partners with EaseMyTrip to provide travel insuranceAdgully•Mar 22, 2023•SanKash, EaseMyTrip
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EbixCash announces launch of UPI for foreign nationals visiting IndiaBusiness Today•Feb 14, 2023•EbixCash

