Online Travel Portal with New Ideas

Opportunity Snapshot

Investment Opportunity

At HungryBags.com our philosophy is reflected in our name itself. Hungry Bags as a name is simple and understood globally, no matter what language you may speak. What's more, Hungry Bags as a name itself defies convention, enabling it to be more than just a travel site – for 'bags' can accommodate much more than we care to imagine.

HungryBags.com is an ambitious and revolutionary attempt at reshaping the online travel industry in India.

www.hungrybags.com is a complete online travel solutions portal – one that complements its online prowess with a robust offline business. In fact, HungryBags.com is now one of the top 10 travel websites based out of India (as per webtraffic rankings).

The soft launch for HungryBags.com took place on 1st February, 2011 and in its pilot phase itself the website had visitors from 146 countries and 2000 cities across the globe. On 1st June, 2011 the site went live with all its functionalities and payment gateways in place and has grown tremendously ever since.

Hungrybags.com as per Alexa Web Rankings is now one of the top 4000 sites in India and top 65000 worldwide.

At HungryBags.com our philosophy is reflected in our name itself. Hungry Bags as a name is simple and understood globally; no matter what language you may speak. What's more, Hungry Bags as a name itself defies convention, enabling it to be more than just a travel site – for 'bags' can accommodate much more than we care to imagine.

It is this ability to incorporate the world under one name, which has motivated us to innovate and create at HungryBags.com. The portal offers a host of unique and innovative offerings that have never before been seen in the market. It is undoubtedly one of the most comprehensive and interactive travel portals in India (and perhaps globally) that gives its visitors the power to choose, comment and customize – yet keeps it simple, quick and easy to understand.

With an experienced in-house IT team that has built this massive portal from scratch; a team of experienced travel and marketing experts and an innovation think-tank – HungryBags.com is poised to create a paradigm shift in not just the OTA segment, but the Indian e-commerce industry itself!

Competitive Advantage

1. Unique Destination Guides: HungryBags.com’s unique destination guide complements incredible content with visual appeal. The destination guide feature can support more than million pictures and virtual tours of the world.

2. Hungry Groups: Hungry Groups redefines the group travel model by making it more customized, simple and user friendly. Visitors can create their own groups to get the best packages or be part of groups customized to their choice

3. Hungry Bids: A unique service where people can bid for a hotel to get the cheapest price. A first of its kind service in India with completely software driven functionality

4. Business Listing Services

5. Hungry Blast: An integrated Deals & discount which will give up to 90% off on various products and travelers of Hungry Bags will also get free deals to complement their spending on their travel. An unique proposition indeed!

The above mentioned functions and services are currently live on the website and of course, there is a lot more in the pipe-line that can be shared and will be discussed at a later stage. ‘Bags’ can accommodate a lot more than travel to make a unique and successful concept - one that will redefine the industry!

Rationale for the deal

Available on request

Use of financing

Available on request

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