Community travel platform WanderOn has raised nearly $5.9 million in its Series A funding round.
India-based WanderOn said it will use the funding to scale globally and create better trips. The company is backed by DSG Consumer Partners and the Client Associates Alternate Fund (CAAF).
Founded by a group of engineers from the National Institute of Technology Kurukshetra, WanderOn is a dispersed agent-based model that provides experiential, community-first travel experiences meant to appeal to younger generations.
“With DSG Consumer Partners and CAAF joining us, we’re stepping into a new chapter,” WanderOn CEO Govind Gaur wrote on Instagram. “One that lets us dream bigger, reach further and take our idea of travel to the world.”
DSG said WanderOn has a grasp on shifting consumer behavior, which is showing increased preference for experiences over physical possessions.
“Their community-led approach and consistent execution have helped them scale organically over the years,” DSG said. “We are excited to support their next phase of growth as they continue to strengthen their product and technology."
CAAF said WanderOn’s model is differentiated and resonates with modern travelers.
“Their strong community and growth trajectory make them an exciting investment opportunity in India's travel ecosystem.”