AI travel expert app Mappls KOGO said it had secured Rs 9 crore from MapMyIndia (CE Infosystems Ltd). The company had raised Rs 10 crore from MapMyIndia, which provides digital maps, geospatial software and location-based IoT technologies.
Mappls KOGO has a user base of over 20 lakh.
Kogo will be able to scale its Business-to-Consumer (B2C) business and achieve its commitment to serve as the top AI travel expert with the newly acquired funds, advancing Kogo’s AI capabilities and data refinement to new heights.
Raj K. Gopalakrishnan and Praveer Kochhar founded Mappls KOGO, which uses expert recommendations generated by AI to help people plan their travel in minutes.
The AI stack is backed up by a global travel ecosystem of flights, over 10 lakh hotels, 3 lakh experiences, 20,000 detailed itineraries and millions of kilometres of routes.
“MapMyIndia’s industry leadership will continue to strengthen the real-time locational intelligence of our data. This funding reaffirms MapmyIndia’s trust in our AI stack’s potential to disrupt the travel sector,” CEO and Co-founder of Mappls KOGO Raj K Gopalakrishnan said.
