AtYourPrice.in Gets Funding From Mumbai Angels
Just when you thought the online travel space was packed to capacity, here’s another one: Atyourprice.in, a distressed inventory travel site has received an undisclosed amount of funding from the Mumbai Angels, reports VC Circle. The site allows users to bid for a flight ticket, a reverse auction model. It’s been founded by Ananth Narasimhan, the founder of travel site Ghumo.com. The angel investors include Praveen Chakravarty (COO, BNP Securities India), Ranjan Kapur, (Chairman, WPP, India), Ashwin Mittal, (CEO, Inditech Solutions) and Sushil Jiwarajka (Chairman, Artheon Ventures). At the time of posting this report, Atyourprice.in had a site under maintenance notice, but this link was working. Currently, they have inventory from Jet Airways, Kingfisher, Indigo and Paramount.
Posted In: E-Commerce, Travel, Money, M&A & Venture Capital, Venture Capital
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Comments (6)
Feb 1, 2008 6:52 AM
Checked out their site.. the ticket details are only revealed once u cough up money. This looks like a major deterrant. But there will be a segment who will not mind the offer. If they are able to surprise one with rock bottom prices, then atur price will be a sure winner. Indians after all are price warriors.
Feb 1, 2008 3:01 PM
An Indian “priceline.com”.
At this time of ever reducing airline ticket prices in India, might be a difficult sell but might be a viable long term player in the industry.
Something wrong with the site though, dosent seem to be working fine
Cheers
Tarun
Jun 18, 2008 8:51 AM
This is a very good site to buy tickets online. They provide very good discount and offers on every tickets and give 5% extra on next booking
Jun 20, 2008 1:09 PM
Ya, Atyourprice.in is really good and buying tickets online from that site is very convenient. Discount might get their profit down but can make really big userbase
I hope Atyourprice.in will continue for long and will help regular travelers to get down their traveling expenses
Dec 22, 2008 8:22 AM
It amazes me that with so many travel sites on line the industry still has room for new players. We will see how this site features with time.
Jan 28, 2009 10:09 AM
yes, Atyourprice.in is really good and buying ticket.