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AI travel startup the tarzan way secures 2 crore funding for growth
The Tarzan Way, an AI-driven travel tech startup, has secured ₹2 crore in seed funding from Inflection Point Ventures to enhance product development, marketing, and operational efficiency. Founded in 2020 by Shikhar Chadha and Shivank Tripathi, the platform offers hyper-personalised travel experiences and has achieved significant growth, with a 300% YoY revenue increase and 70% MoM user growth. The funds will also support the launch of their new "Exploration App," further solidifying their position in the evolving travel industry.
PhysicsWallah targets UPSC exam market with strategic acquisitions and IPO plans
PhysicsWallah is expanding into the UPSC exam preparation market, considering acquisitions of several coaching institutes, including Drishti IAS, amid plans for an IPO. Following a $210 million funding round, the company aims to enhance its offerings in India's growing test prep sector, despite reporting a widened net loss of INR 1,131.2 crore in FY24.
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