As part of Travelstop's latest round, Accel partner Prashanth Prakash will join the startup's board of directors. Mr Prakash had also led Accel's investment into Travelmob.
The idea of a one-stop business travel platform is not new. Travelstop is up against enterprise solutions like SAP's Concur and Egencia by Expedia. But the existing solutions do not cater to the needs of"high growth" companies looking for more customisable solutions, Mr Kirtane said. More than 1,000 companies, mostly startups and SMEs, have used Travelstop since launch, Mr Kirtane said, citing Singapore startups Carousell and Funding Societies as examples. Travelstop's target markets are Singapore, Malaysia, Indonesia and Thailand.
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