Escape Plan has raised $25 million in a Series A funding round led by Jungle Ventures, with participation from Fireside Ventures and strategic investor IndiGo Ventures, the corporate venture capital arm of India’s preferred airline, IndiGo. Funding Details - Amount Raised: $25 million in Series A funding. - Lead Investor: Jungle Ventures. - Other Participants: Fireside Ventures and IndiGo Ventures (the corporate venture capital arm of IndiGo Airlines). Escape Plan’s Strategy - Building a differentiated omni-channel travel platform across: - Online marketplaces - Direct-to-consumer channels - Offline retail expansion (targeting 200+ stores across India). - Strengthening brand building, lowering price points for affordability, and expanding distribution. - Enhancing technology capabilities for supply chain control, faster execution, and sustainability-focused product innovation. Current Performance - Operating at ₹300 crore+ annualized revenue run rate (ARR). - Strong traction across cities and travel use cases. Future Plans - Deepening presence in metros, Tier 1 & Tier 2 cities. - Expanding into select international markets aligned with Indian outbound travel. - Investing in design-led, sustainable materials to reinforce brand advantage. Voices from the Partners - Jungle Ventures: Praised Escape Plan’s patience, ambition, and supply-chain control as foundations for long-term growth. - Fireside Ventures: Highlighted the platform’s alignment with how Indians travel today—functional, affordable, and memorable. - IndiGo Ventures: Emphasized Escape Plan’s reliability, scale, and customer experience as key to capturing India’s travel boom. This funding positions Escape Plan to become a category-defining travel brand, blending affordability with innovation and scale .
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