Escape Plan raises $25 million led by Jungle Ventures

BENGALURU: Travel products platform Escape Plan has raised $25 million in a Series A funding round led by Jungle Ventures, with participation from Fireside Ventures and strategic investor IndiGo Ventures, the corporate venture capital arm of airline IndiGo, the company said on Wednesday.

The funding comes as Escape Plan scales its omni-channel presence across online marketplaces, direct-to-consumer platforms, and offline retail. The company said it is currently operating at an annualised revenue run rate of over Rs 300 crore, driven by demand across multiple cities and travel use cases.

Founded by Abhinav Pathak, Escape Plan operates in the travel products segment, offering luggage, accessories and mobility solutions tailored for Indian consumers. The company said the fresh capital will be used for brand building, expanding its physical retail footprint to more than 200 stores, and lowering category price points to improve affordability. It also plans to deepen its presence across metros, Tier 1 and Tier 2 cities, and enter select international markets aligned with Indian outbound travel.




In parallel, Escape Plan said it will invest in strengthening its technology stack to improve speed, availability and consistency across channels, while also focusing on product innovation through design-led and sustainability-oriented materials.

“This phase is about strengthening the foundation for long-term growth as we scale across channels and geographies,” said Abhinav Pathak, co-founder and chief executive of Escape Plan, adding that the funding would help the company unlock more affordable pricing in the category.

Jungle Ventures managing partner Rishab Malik said the firm was backing Escape Plan’s focus on supply-chain control, distribution depth and brand consistency in a category where trust and repeat usage are built over time.

This is Jungle Ventures’ second investment in Escape Plan, having previously led the company’s seed round.