TravHQ and TTF host Travel Startup Knockdown Hyderabad to support the innovators in travel
TravHQ, in association with TTF hosted the 4th edition of Travel Startup Knockdown. Five travel startups participated and Routern was selected to be a part of Amadeus Next, India Outtabox emerged to be popular choice getting maximum points by the judges' sheet and Guidezie has been invited by Hyderabad Angels for an elevated pitch session.
- (1888PressRelease) July 19, 2016 - TTF Hyderabad played host to another exciting session of Travel Startup Knockdown by TravHQ. Startup Knockdown was first hosted during OTM Mumbai, another travel trade exhibition hosted by Fairfest Media, the organiser of TTF exhibitions. The initiative was conceptualised to support the travel tech community in India and to give the innovators a platform to showcase potentially ground-breaking solutions for the travel industry. During the session, five innovative travel startups from different sectors of industry pitched in front of an expert panel of judges to win the title and many other opportunities that accompany the title.
India's travel market has largely been driven by offline players like travel agents however with the increase in adoption of internet, the online travel market is growing fast. The online travel industry in India is predicted to grow over USD 10 billion in gross bookings (Source: Phocuswright) and around half of that will be driven by young travel startups. This offers huge opportunities for travel brands and room for young startups to enhance the experience of travellers by leveraging technology.
The Hyderabad edition of Startup Knockdown brought together experts from different domains to gauge the potential of participating startups and mentor them on how they can improve their products. The panel included leading industry professionals from organisations including Amadeus, Hyderabad Angels, Go North Ventures, Fairfest Media and T-Hub among others. Before the pitching competition, Sreekanth Perepu, Investment Director at Hyderabad Angels Ventures and an active investor in travel also engaged in a chat about the investment scenario in India and shared tips for startups pitching to potential investors. Small businesses, with fresh concepts and agile business models, carry a promise of change for the better which is why these organisations came together on this knowledge sharing platform and extended their support.
Amadeus selected Routern to be a part of Amadeus Next. Routern offers a simple intuitive platform for travellers to customise their travel plans. It has a map interface that allows one to easily plan the trip, include different activities and experiences and book. India Outtabox emerged to be popular choice getting maximum points by the judges' sheet. India Outtabox is a travel provider focussed on offering highly customised authentic travel experiences to international travellers coming to India. This is provided with the help of well trained host families.
Guidezie has been invited by Hyderabad Angels to an elevated pitch session. It is an on demand platform that allows travellers to find expert guides when they are at tourist destinations. They can look a guide in real time or schedule for the date when they will be travelling.
The participating startups, apart from the opportunity to showcase their product in front of the travel community, also got the chance of having one on one discussions with the panel members to discuss the finer details of their businesses and receive crucial inputs. TravHQ and TTF be hosting more events to benefit the travel innovators. Interested startups can register at startupknockdown.travhq.com.
About TravHQ
TravHQ is a B2B travel media platform for industry professionals from India & South-East Asia to get insights, trends, opinions and updates from travel and related industries and stay in sync with the fast changing travel landscape in the region. More details at www.travhq.com
About TTF
TTF is supported by Incredible India, Indian Association of Tour Operators (IATO), Outbound Tour Operators Association of India (OTOAI), Association of Domestic Tour Operators of India (ADTOI), Adventure Tour Operators Association of India (ATOAI), IATA Agents Association of India (IAAI) and SKAL.
Fairfest Media Limited, organiser of TTF & OTM, is a member of Pacific Asia Travel Association (PATA), Travel Agents Association of India (TAAI), Indian Exhibition Industry Association (IEIA) and International Association of Exhibitions and Events (IAEE).
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