Latest News | Mappls KOGO Raises Rs 9 Cr from MapMyIndia
Get latest articles and stories on Latest News at LatestLY. AI travel expert app Mappls KOGO on Tuesday said it has raised Rs 9 crore from MapMyIndia (CE Infosystems Ltd).
New Delhi, Sep 5 (PTI) AI travel expert app Mappls KOGO on Tuesday said it has raised Rs 9 crore from MapMyIndia (CE Infosystems Ltd).
The company had previously 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.
The newly acquired funds will propel Kogo's AI capabilities and data refinement to new horizons, enabling the app to scale its Business-to-Consumer (B2C) business to solidify its promise as the ultimate AI travel expert.
Mappls KOGO was founded by Raj K Gopalakrishnan and Praveer Kochhar and helps people plan their travel in minutes with expert recommendations generated by AI.
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 kilometers 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.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)