We are pleased to announce that Argus Partners advised Singapore-based Jungle Ventures on its investment in Escape Plan, a travel products-focused retail platform. Escape Plan has raised a cumulative USD 25 million as part of its Series A fundraising.<\/p>\n
The funding round also saw participation from Fireside Ventures and IndiGo Ventures, the corporate venture capital arm of IndiGo Airlines.<\/p>\n
The fresh capital will be used to strengthen Escape Plan\u2019s brand, pricing, and distribution across India and select international markets. The company also plans to deepen its omni-channel presence across metro and other cities, while investing in technology and product innovation to strengthen control across its value chain.<\/p>\n
The team at Argus Partners advising Jungle Ventures consisted of Abhinav Bhalaik<\/a>, Vallishree Chandra<\/a> (Partners), and Srishti Sneha<\/a> (Associate).<\/p>\n Read more at: Economic Times<\/a>, CNBC-TV18<\/a>, MoneyControl<\/a>, BusinessLine<\/a>, YourStory<\/a>.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-55114","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/55114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=55114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}