AtYourPrice.in Gets Funding From Mumbai Angels

Just when you thought the online travel space was packed to capacity, here’s another one: Atyourprice.in, a distressed inventory travel site has received an undisclosed amount of funding from the Mumbai Angels, reports VC Circle. The site allows users to bid for a flight ticket, a reverse auction model. It’s been founded by Ananth Narasimhan, the founder of travel site Ghumo.com. The angel investors include Praveen Chakravarty (COO, BNP Securities India), Ranjan Kapur, (Chairman, WPP, India), Ashwin Mittal, (CEO, Inditech Solutions) and Sushil Jiwarajka (Chairman, Artheon Ventures). At the time of posting this report, Atyourprice.in had a site under maintenance notice, but this link was working. Currently, they have inventory from Jet Airways, Kingfisher, Indigo and Paramount.

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