Tripovy.com
Date of Foundation
2020

Tripovy.com

Comprehensive Travel Booking Platform

The Idea origin story

Tripovy is redefining travel booking for UAE residents and tourists with an all-in-one platform for flights, hotels, and tours. We’re developing an innovative rewards system where users will earn Tripovy Coins, providing value and potential growth opportunities. These coins will foster customer loyalty by offering a sense of ownership and convertibility to stable currency. Tripovy aims to combine seamless travel services with forward-thinking incentives, creating a dynamic, customer-focused ecosystem.

The Mission

Vision: To become the top seamless travel booking platform that empowers users. Mission: To enhance user value via innovative services and a unique rewards system.

Clients

Tripovy aims to serve UAE residents for local tourism and outbound travel, as well as international tourists visiting the UAE for their travel and accommodation needs.

Problems we solve

Client’s problem

Tripovy aims to simplify the cluttered travel industry filled with countless suppliers offering inconsistent quality and poor customer support. We address this by creating a reliable, customer-centric platform with a redefined rewards system. Unlike existing OTAs, our future loyalty program fosters a sense of ownership, encouraging users to return, engage, and benefit from their continued support.

Confirmation of problem

Travelers suffer from poor service, unreliable suppliers, and unused OTA rewards. Tripovy breaks this cycle with value-based rewards and superior support.

Solution

Our solution is a comprehensive travel booking platform, which offers consistently high-quality services and streamlined user experience. We will enhance customer loyalty by implementing a unique rewards system that cultivates a sense of proprietorship, further encouraging users to actively engage with our platform and

Our technologies

This solution is based on technologies

Our startup, Tripovy, is creating an all-inclusive travel booking platform specifically for the UAE market. Using innovative technologies and a unique rewards system, we aim to streamline and optimize the travel booking process for residents and international tourists alike. With a vision of becoming the foremost seamless booking platform that enriches users' experiences, our mission goes beyond just simplifying transactions; we emphasize continuous customer engagement through our Tripovy Coins Reward System. These coins give customers evident value by offering potential growth opportunities and fostering loyalty

How it works

Tripovy connects users with flights, hotels, and tours via a seamless platform, powered by a robust backend and an intuitive interface, ensuring easy booking and a rewarding travel experience.

Value for the client

Customers enjoy a hassle-free travel booking experience, reliable service, and a rewarding system that offers real value, loyalty incentives, and a sense of ownership, enhancing overall satisfaction.

Market and strategy

Market size

158000

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

5

% of the market

Is our goal in the next 3 years

Team

My name’s

Safwat Solaiman

My key role in the product

As the co-founder and CEO, I streamline user experience, manage fare updates, lead our tech team, and devise growth-oriented marketing strategies.

Team size and key members

In addition to our CTO/cofounder/full-stack developer, our team could further benefit from a digital marketer, an UX/UI designer, and a business development executive.

Competitors

Competitors

Our main competitors include Musafir Holidays and Rayna Tours, both established players in Dubai’s travel industry. Additionally, there are many small, unorganized travel agencies offering local tourism services. While big companies provide extensive packages, smaller agencies focus on niche experiences.

Our Advantages

At Tripovy, our edge lies in combining a unique rewards system with extensive inventory for better availability at competitive prices. We set ourselves apart by prioritizing exceptional customer service and providing a reliable, innovative booking experience.

Business model

I generate revenue from the profit margins on ticket and hotel sales.

Traction

Within our inaugural six-month period, we've accelerated from inception to fostering a robust clientele of 1,000 satisfied customers. This noteworthy expansion showcases the product's potential and substantial market traction.

We project to reach a $60M valuation and 100,000 dedicated customers via robust partnerships with airlines and hotels. This growth should foster a prosperous cash flow, paving the way for Series A funding and enabling future expansion.

Metrics

We focus on pivotal metrics like customer growth (0 to 1,000 in six months), boosting conversion rates and rising average order value. Our robust retention is displayed through repeated bookings. Steady improvement in website traffic & engagement affirm escalating consumer trust.

From zero to $100K monthly revenue and a 5% gross profit margin, our lean team is focused on scaling operations profitably without external funding. Efficiency is key as we intensify revenue while optimizing margins and streamlining operations.

Incorporation

Our company incorporated in

UAE

Key risks

Main risks could include strong competition from established OTAs, delays in tech development, fluctuations in travel industry due to global events like pandemics, and difficulties in user adoption of Tripovy Coins rewards system.

Investments

$

US$100,000

We raised investments

Our Investors

Our startup is 100% self-funded. I hold a majority share at 75%, my co-founder has a 10% stake, and the remaining equity is divided between family members and employee incentives.

Rising Investments

$

US$1000000

Currently, we are raising investments

$

US$10000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

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Additional information

We'll quickly engage our first 100K clientele via offline marketing and secure wholesale travel deals. These will be actively marketed on Tripovy and other platforms, catalyzing swift growth and solid cash flow.

Growth