Raj Shah, an angel investor from New York, has invested in VELOCITY.travel, a next-generation corporate travel brand owned by Wtfares, for a pre-money valuation of $10 million.
The company intends to revolutionize corporate travel and leisure management internationally with the launch of its ground-breaking ZIPPY platform in April 2025.
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Varun Sarda, CEO of VELOCITY.travel, expressed his excitement about the partnership with Raj Shah: “This funding is more than just capital; it’s a vote of confidence in our mission to redefine business travel. Over the past decade, we’ve reinvented ourselves time and again – from launching India’s first free flight cancellation platform to creating an AI-driven holiday engine and now leading the charge in business travel technology. Indian business travel today is where leisure travel was in 2004, stuck offline, but on the brink of a digital revolution with technology driving efficiency, compliance, and hyper-personalization. And with the introduction of ZIPPY, we’re taking this transformation a step further, reimagining what concierge services can be for frequent travelers and enterprises alike..”
In order to make business travel and concierge services smarter, faster, and better for companies and frequent travelers worldwide, VELOCITY.travel and its soon-to-be-launched ZIPPY platform will continue their adventure with this funding.
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Investor Raj Shah shared his vision behind backing VELOCITY.travel: “Business travel is a $1.5 trillion industry, and it’s ripe for innovation. When I first saw the VELOCITY.travel platform, I was absolutely mindblown. The level of sophistication, ease of use, and problem-solving capabilities were unlike anything I’ve seen, even in the U.S., where business travel tools are abundant. VELOCITY.travel is addressing challenges in a way that hasn’t been done before, and their potential to scale globally was immediately clear to me.
About Velocity.travel
Velocity.travel was developed to simplify corporate travel booking. Designed as a self-booking tool, it automates travel workflows, approvals, and reporting while offering flexible corporate airfares. Built to reduce costs and save time, it’s transforming the way businesses manage travel.
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