No revenue. Fund Raising didn’t materialise. Few acquisition options. Money gets over. The team had to go. Office closes. Co-founders take up jobs to make ends met.
3) Part 3: One More Time
Worked at odd hours while managing other jobs. Relaunched Holidify. Completely bootstrapped. Traffic grew. Revenue grew. Built a remote team. Co-Founders joined again. Shifted to Bangalore. Growth continues to healthy revenue and a team of 14 members. Hits 5 Million monthly users.
We recently completed five years of launching Holidify, and after a rollercoaster ride of running this startup with my co-founder Kovid Kapoor, we are proud to say that Holidify is one of the largest travel content platforms in India with over 5 million users. I am Rohit Shroff, co-founder and CEO and here’s our story:
Part 1 — The Classic Start-Up Story
After graduating from IIT Bombay in 2012, I had barely completed 11 months in my first job when I decided to take the plunge. Kovid and I were friends since IIT days, and we both had shifted to Delhi-NCR for our first jobs. Having worked on a few startup ideas before and won a couple of business competitions, Kovid and I realised that we make a good team.
Thanks to our complementary skills, we just knew that we would be very good together as co-founders. When the idea of Holidify came, we knew that this time, we have something that we really want to do.
Disclaimer:Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.
An alumnus of IIT Bombay, Rohit Shroff is the CEO & Co-founder of holidify, a Bangalore based travel startup. He was previously the product head for Cardekho. He loves talking about travel, entrepreneurship, cricket product and coffee in no particular order.