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Funding News, Latest News, Startup News

Travel Social Media Startup Explurger Bags $4.5 Mn in Series A Funding Led by Affle

  • Mayank

  • February 14, 2024

Travel Social Media Startup Explurger Funding
(R-L) Jitin Bhatia (Founder) and Sonu Sood (Co-founder)

Explurger, a homegrown social media platform for travellers, has made headlines by securing $4.5 million in a Series A funding round at a pre-money valuation of about $40 million. The funding round was led by Affle (India) Limited, who, with this investment, holds 9.03% of Explurger.

As per the startup, the freshly raised capital will be used for scaling up future growth initiatives and promoting community development through the integration of newer technologies such as artificial intelligence.

Explurger | Social Media Platform for Travellers

Founded by Jitin Bhatia, along with co-founder Sonu Sood, in 2021, Explurger is an AI-powered social media platform tailored for travellers. The app’s offerings include automatic travelogue and rewards for active participation on the platform.

Speaking about the development, Jitin Bhatia, founder & CEO of Explurger, welcomed Affle to their cap table as part of a Series A funding round.

Bhatia, while talking about Affle as a leading name known for their tech innovations and R&D, added,

“Affle is already a leading name known for their tech innovations and R&D, and with them as an investor, it validates our vision to build a social media platform of the future that goes beyond likes and shares and truly builds a global connected community using the advancements of AI.”

Travel Social Media Startup Explurger Funding
(R-L) Jitin Bhatia (Founder) and Sonu Sood (Co-founder)

Apart from sharing pictures & videos, the homegrown social media platform for travellers keeps count of the exact miles, cities, countries & continents travelled by you. Amidst a resurged interest in the travel sector in the post-pandemic era, Explurger targets the expanding social media user base in India and globally.

In 2021, Explurger raised $1 Mn in a pre-Series A round from several investors. Apart from Affle (India), Explurger is backed by a diverse group of investors, including LetsVenture, Lead Angels, Jaipuria Family Office, Khimji Family Office, India Discovery Fund, Action Group Family Office, Kajaria Tiles Family Office, and Dhampur Sugar Mills Family Office.

Angel investors, including Piyush Jain and Lovkesh Arora, among others, have also invested in the startup.

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AffleExplurgerSocial Media Platform for TravellersTravel Social Media Startup

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