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Travel Gear Startup Escape Plan Secures $25 Million in Series A Round Led by Jungle Ventures

Written by: Team Angel OneUpdated on: 23 Jan 2026, 5:18 pm IST
Escape Plan raised $25 million in Series A to expand offline stores and supply chain to widen its reach across India’s travel gear market.
Travel Gear Startup Escape Plan Secures $25 Million in Series A Round Led by Jungle Ventures
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Escape Plan, a travel gear startup, has raised $25 million in Series A funding led by Jungle Ventures, with backing from Fireside Ventures and IndiGo Ventures. As per news reports, the company had raised $5 million in a seed round in 2025, soon after its launch. 

Use of Capital 

Escape Plan said the funds will be used to expand its offline retail network, strengthen supply-chain operations and adjust pricing to reach lower-priced segments.  

It plans to invest in technology for inventory and channel management, and add new travel-related categories. The company is also assessing pilot launches in overseas markets. 

Business Scale 

Founded in February 2025 by Abhinav Pathak and Abhinav Zutshi, Escape Plan sells through online marketplaces, its direct-to-consumer channels and offline stores.  

Pathak previously founded Perpule, which was acquired by Amazon. The company reports an annualised revenue run rate of more than ₹300 crore, with luggage as the main contributor. 

It operates over 25 offline stores, serves about 6-7 lakh customers and ships roughly two lakh luggage units per month. 

Products and Retail Plans 

The product range includes luggage, duffels, backpacks, slings, pouches and modular organisers, along with accessories such as neck pillows and passport covers. The startup also sells products from brands including HRX and Rare Rabbit.  

Escape Plan plans to increase its physical retail presence to more than 200 stores across Tier I and Tier II cities by late 2026 or early 2027. 

Sector Context 

Escape Plan is positioning itself as a platform-led travel products business rather than a single-brand player.  

The travel gear market in India is largely driven by inflation-linked growth and is dominated by established companies, which can make scaling beyond ₹300-500 crore in revenue more difficult. 

Read More: Urban Ladder Cofounder's AC Startup Optimist Secures $12 Million in Funding Led by Accel! 

Conclusion 

The Series A funding is intended to support store expansion, broader product coverage and wider geographic reach as the company continues to scale its omnichannel operations. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jan 23, 2026, 11:48 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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