Kashmir startup gets major seed funding from IIT Ropar with KAN support

22 February 2024

Follow Ziraat Times on Whatsapp - Join Now

Srinagar, 22 Feb: In yet another promising development for the entrepreneurial ecosystem in Jammu and Kashmir, the Kashmir Angel Network (KAN) has announced the infusion of seed funding from IIT Ropar into Wildfloc Adventures, one of the startups nurtured within KAN’s network.

“This investment, facilitated through our collaboration with the Wadhwani Foundation, stands as a significant milestone not only for Wildfloc Adventures but also as a testament to the immense potential and innovative spirit present in the Kashmir region as a whole”, KAN said in a statement to Ziraat Times.

The journey of Wildfloc Adventures through the entrepreneurship training program propelled by KAN and Wadhwani Foundation showcased the immense potential of the startup. Through rigorous training and mentorship, Wildfloc Adventures emerged as a standout venture, attracting the attention of prestigious institutions like IIT Ropar, KAN said.

Wildfloc Adventures, an innovative startup, specializing in offbeat trekking and camping adventure activities, has secured an undisclosed amount in seed funding from the Indian Institute of Technology Ropar (IIT Ropar). This investment marks a significant milestone in Wildfloc Adventures’ mission to offer end-to-end and customized services to tourists, pioneering a unique approach to exploring the great outdoors.

Founded by Hummayoun Dhar and Faseeh Khan, who left their corporate jobs in Bangalore to pursue their passion for adventure and entrepreneurship, Wildfloc Adventures aims to redefine the adventure travel industry. “We are guided by the ‘Think big, start small’ philosophy,” say Dhar and Khan. “This funding is not just a financial boost but a validation of our vision to make adventure travel more accessible, personalized, and technologically driven.”

With the fresh capital, Wildfloc Adventures plans to accelerate its marketing efforts and further develop its technology services, including an innovative AI model designed to help travelers find local services effortlessly. The investment will also support the expansion of the Wildfloc team, enabling the company to scale its operations and enhance its offerings.

“Kashmir Angel Network(KAN) contributed in providing a platform and industry connects. The institution is playing a crucial role in enriching the startup ecosystem in Kashmir.This collaboration with KAN is not only a testament to our innovative approach but also shines a spotlight on Kashmir’s burgeoning startup culture,” the founders added.

As a cornerstone of the regional entrepreneurial landscape, KAN has tirelessly strived to create a conducive environment for startups to thrive, providing strategic mentorship, access to capital, and fostering valuable connections within the ecosystem.It aims to empower aspiring entrepreneurs and transform groundbreaking ideas into successful ventures. The remarkable achievement of Wildfloc Adventures is a testament to the unwavering dedication and impactful initiatives spearheaded by KAN.

KAN has congratulated Wildfloc Adventures on this achievement and look forward to their continued success.