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Just when you thought the online travel intercontinental hotel dallas space was packed to capacity, here s another one: Atyourprice.in, a distressed inventory travel intercontinental hotel dallas site has received an undisclosed amount of funding from the Mumbai Angels, reports intercontinental hotel dallas VC Circle. The site allows users to bid for a flight ticket, a reverse auction model. It s been founded by Ananth Narasimhan, the founder of travel site Ghumo.com . The angel investors include Praveen Chakravarty (COO, BNP Securities India), Ranjan Kapur, (Chairman, WPP, India), intercontinental hotel dallas Ashwin Mittal, (CEO, Inditech Solutions) and Sushil Jiwarajka (Chairman, Artheon Ventures). At the time of posting this report, Atyourprice.in had a site under maintenance notice, but this link was working. Currently, they have inventory from Jet Airways, Kingfisher, Indigo and Paramount.
Checked out their site.. the ticket details are only revealed once u cough up money. This looks like a major deterrant. But there will be a segment who will not mind the offer. If they are able to surprise one with rock bottom prices, then atur price will be a sure winner. Indians after all are price warriors.
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