Deyor Camps has signed three-year exclusive contracts with 100 main campsites across 45 locations at places like Rishikesh, Coorg, Lonavla and Manali. Ltd, which runs campsite aggregator Deyor Camps, on Wednesday, said it has raised $500,000 from Nitin Passi, Manickam Mahalingam, Udaan Angels, and Arkas Industries. Deyor Camps has signed three-year exclusive contracts with 100 main campsites across 45 locations at places like Rishikesh, Coorg, Lonavla and Manali. Deyor Camps is a cash positive entity. “Operating in a monopolistic nature in this sector, Deyor Camps is a technology platform, which makes booking camping trips as simple as booking a hotel room, hence, structuring a highly fragmented sector,” said Jain in a statement.

Source: Mint October 12, 2016 05:03 UTC