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New-age travel accessories platform Escape Plan raises $5 million from Jungle Ventures, Fireside Ventures
New-age travel accessories platform Escape Plan has raised $5 million in a funding round led by Jungle Ventures via First Cheque@Jungle and Fireside Ventures. The round also saw participation from other angel investors.
First Cheque@Jungle is Jungle Venture’s platform for funding second-time founders and seasoned operators at the idea, pre-seed, and seed stages.
Launched in May 2025, the Bengaluru-based company sells travel bags and accessories for everyday as well as vacation travel. Its products include luggage bags, backpacks, laptop bags, gym bags, neck pillows, passport covers, belts, wallets, and other travel-related necessities.
“The focus is on solving all the travel needs of every consumer in India and eventually globally. We have launched recently and are already seeing good early traction,” said Abhinav Pathak, cofounder of Escape Plan, in a conversation with ET. “We have a few stores set up in six to seven cities and are aggressively scaling this to expand to over 100 stores in the next 18-24 months because 65-70% of the travel category is still offline.”
Besides expanding its retail footprint, the company will utilise the funds for customer acquisition and to launch its quick commerce services.
“The majority of our capital will go into capacity and production planning as we are signing up with some popular brands and building quick commerce capabilities to deliver in one to two hours in key cities,” Pathak said.
“With the global travel accessories market exceeding $20 billion and a founding team with such operational depth, we are confident that Escape Plan has the ingredients to build an influential brand from India,” said Rishab Malik, partner, Seed investments, at Jungle Ventures, in a prepared statement.
“With its sharp brand vision, omnichannel strategy, and strong founding team, we believe Escape Plan is poised to become a category-defining lifestyle brand with global relevance,” said Vinay Singh, partner, Fireside Ventures.
Escape Plan sells on its platform products manufactured in-house as well as by other brands.
Direct-to-consumer (D2C) luggage brand Mokobara—backed by Peak XV Partners—Nasher Miles, Uppercase, and Acefour Accessories are some popular new players in the travel bags and accessories segment.
Escape Plan was founded by Abhinav Pathak, previously founder of Perpule, and Abhinav Zutshi, who has previously worked with Big Bazaar, Best Seller Group, Forever 21, and Landmark Group.
Pathak cofounded Perpule in late 2016, which built mobile point of sale (PoS) software for offline stores, which was acquired by Amazon in 2021.
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