Guiddoo is a platform offering tours & activities, dining, shopping and entertainment options for the Indian international traveller across 15 destinations
Guiddoo, a mobile app for Indians to book in-destination activities and experiences when they travel overseas, has raised US$300,000 in pre-Series A funding. Investors include Pawan Borle and Nirmal Singh — both have earlier invested in the startup — besides new investors including Manish Prasad, Vineet Varma, Nick Haulkoury, and Abhai S Rao.
The startup will utilise the funds to support product and technology development through its newly-opened technology and data unit based in Pune. Guiddoo also wants to focus on building pan-India distribution for its tours & activities and holidays products.
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Founded in 2014 by Nidhi Varma, Vineet Budki, Prashant Choudhary and Biswajeet Karmakar, Guiddoo started off as a tour guiding app. It pivoted last year into an in-destination platform offering tours & activities, dining, shopping and entertainment options for the Indian international traveller.
The app, available on the web, Android and iOS, has also built an in-destination app to guide and handhold travellers during their trip.
Guiddoo offers targeted experiences with content across 15 destinations. For the same, it has partnered with the likes Cleartrip and Yatra, and over 2,000 travel agents. The company claims it has already handled over 10,000-plus customers with more than 40,000 activities in the past year across its destinations.
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“Guiddoo has seen a strong 12x growth in the past year post its pivot into the in-destination experience model which is an estimated market of US$20 billion annually. With further strong growth projected, we believe the required funds will help us become a significant player in the Indian outbound traveler segment,” said CEO Vineet Budki.
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