Mygola, an India-based custom itinerary platform, received Series A financing of $1.5 million led by Helion Venture Partners and existing investor Blumberg Capital, bringing the total capital raised by the company to $2.6 million. The funds will be used to expand presence in the U.S. and to test the marketing channels.
Mygola provides a large collection of itineraries from the savviest travelers to users, who can then customize them to their heart’s content and book them instantly. Users can tweak the detail of these itineraries by changing days, adding destinations, and Mygola’s patent-pending algorithms will take care of the logistical details. The company claimed that travelers can get personalized itineraries within 15 minutes, while similar works usually take weeks.
The Mygola team also built an interface that packs many innovations, including a visual experience that transports people to their destinations even before they get there, and algorithms that identify the most optimal way to experience a destination.
In addition, Mygola adopts a tech + human approach with deep algorithms to mine unstructured data and thousands of human freelancers to curate the data.
Mygola.com aims to disrupt the online travel industry by combining different elements of an itinerary and becoming a gateway through which all online travel service will get delivered.
Over the past three years, Mygola has helped over 2 million travelers in trip planning and the platform currently covers more than 20,000 destinations worldwide.