Ankit Manglik & Ramu Kallepalli – TravelSpice – Ankur Capital
Ankit Manglik and Ramu Kallepalli pitching TravelSpice – a web/mobile App that allows a customer decide the price of their hotel room, pay upfront and get a confirmed booking.
“We target value conscious and flexible consumers (~ 10% of all hotel bookings). Hotels benefit because they can sell their perishable room inventory behind an opaque platform without tarnishing their brand,” says Ankit.
The young startup has sold 4000 room nights in 200+ cities in India as well as Dubai, Singapore, Bangkok, Kuala Lumpur and Colombo.
Ramu Kallepalli the Co-Founder and CEO is a serial entrepreneur and has 20+ yrs experience in the Technology and the Travel industry. He holds an MS Engineering, Montana State University, Bozeman, MT and MBA (Marketing and Finance), University of Chicago, Booth School of Business.
Cofounder Prashant Mitta has 17 yrs of Technology, Sales and Operations experience. He holds a Bachelors in Commerce, University Of Mumbai. He is also a serial entrepreneur.
The third cofounder Vijay Mohan serves as the CTO and has 10 years work experience. He founded Confession9.com – an apparel Manufacturing and Online retail company. He also worked for McAfee (Intel Security) and HCL Technologies.
Ankit serves as the CFO and is a CA with 20+ years of exp. Ankit has been an entrepreneur since 2013 when he launched an ecommerce marketplace for handmade craft products.