On January 20, WanderOn, a travel firm that caters to Gen Z and millennial travelers, said that it had raised Rs 54 crore in its Series A round, which was led by DSG Consumer Partners and Client Associates Alternate Fund (CAAF).
WanderOn Raises Rs 54 Crore in Series A Funding
In order to improve the overall traveler experience—from discovery and planning to booking and on-site experiences—the firm intends to broaden its destination portfolio, bolster popular categories like adventure, sports-led, and wellness travel, and make more investments in technology.
Pop culture has accelerated this change, with shows like Emily in Paris celebrating fashion and culinary explorations and films like Zindagi Na Milegi Dobara romanticizing experiences like La Tomatina and scuba diving, influencing how young travelers envision trips centered around iconic activities, shared moments, and personal development.
✈️ WanderOn Series A Funding Snapshot
- Funding Raised: Rs 54 crore
- Funding Round: Series A
- Lead Investors: DSG Consumer Partners, Client Associates Alternate Fund (CAAF)
- Target Audience: Gen Z and millennial travelers
- Focus Areas: Technology, destinations, experience-led travel
Experience-Led Travel Driving Youth Demand
Nowadays, travel is all about making connections. individuals want to go on trips where they can connect with like-minded individuals and feel like they are a part of something significant. Govind Gaur, CEO of WanderOn, stated, “This fundraising enables us to move more quickly on locations, product innovation, and technology while continuing to place the traveler experience at the center of all we do.”
“We hope to reach travelers nationwide by enhancing our digital capabilities and providing a smooth, user-friendly end-to-end journey.” Additionally, WanderOn is optimistic about this change and is expanding its global portfolio to cater to a new generation of Indian travelers with expanding international aspirations as the country’s outbound travel business gains momentum, Gaur continued.
🌍 WanderOn Growth & Expansion Plan
- Traveler Reach: 1 lakh+ users
- Destinations: 40+ domestic and international locations
- Revenue: Rs 100 crore+
- Growth: Doubled year-on-year post-Covid
- Future Vision: Community-focused, global travel experiences
Company Background and Scale
More than 1 lakh travelers visit more than 40 local and foreign locations on the site. WanderOn, a bootstrapped company founded by a group of NIT Kurukshetra engineers who bonded over travel, grew to over Rs 100 crore in revenue and doubled year over year in the post-Covid era.
Frequently asked questions
1. In its Series A round, how much money has WanderOn raised?
In its Series A fundraising round, WanderOn has raised Rs 54 crore.
2. Who oversaw the fundraising for the Series A?
Client Associates Alternate Fund (CAAF) and DSG Consumer Partners headed the round.
3. What will WanderOn do with the recently raised money?
The company intends to increase the variety of destinations it offers, bolster popular travel categories including adventure, sports-led, and wellness travel, and make technological investments to enhance the overall traveler experience.
4. Who is the intended audience for WanderOn?
WanderOn mainly serves Gen Z and millennial tourists looking for travel that is experience-driven and community-focused.
5. How big and wide is WanderOn right now?
The website has turned into a business worth more than Rs 100 crore and has assisted more than 1 lakh travelers to more than 40 domestic and foreign destinations.
Conclusion
The Rs 54 crore series from WanderOn A fundraising event is a major turning point in the company’s development and puts it in a position to benefit from India’s growing outbound travel industry.
With a strong emphasis on technology-driven innovation, community development, and experience-led travel, the company seeks to transform how young Indian travelers find, organize, and enjoy travel experiences across the globe.
