VELOCITY.travel raises funding from New York-based investor with valuation of $10 mn – ET TravelWorl…

VELOCITY.travel, a next-gen business travel brand by wtfares, has secured an Angle round funding from New York-based angel investor Raj Shah at a valuation of USD 10 million pre-money. With plans to launch its revolutionary ZIPPY platform in April 2025, the company aims to redefine corporate travel and lifestyle management globally.

Founded in 2013, wtfares began as a bootstrapped startup, becoming India’s first free flight cancellation platform and expanding into AI-driven holiday planning. In 2023, the company launched VELOCITY.travel, specifically addressing the complexities of business travel, and now serves over 200 enterprises…