Start-ups & Opportunities

Rishikesh travel start-up Bucketlistt raises Rs 7.6 crore to reach Manali, Bir

By Siddharth VermaBusiness Correspondent, Peepals Bharat
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Representative image: river rafting white water

Representative image: daledbet / Pixabay

Bucketlistt, an adventure travel marketplace that began in Rishikesh, raised Rs 7.6 crore in seed funding led by Kairon Capital, reported on October 26, 2026.

What Happened

Bucketlistt, a start-up that sells adventure and outdoor experiences through an online marketplace and builds software for the small operators who run them, has raised Rs 7.6 crore in a seed round, according to funding reports dated October 26, 2026. Kairon Capital led the round. Titan Capital, Divisa Family Office and investor Kunal Popat also took part. The company, whose consumer platform runs in Rishikesh in Uttarakhand, said it will use the money to build its product and expand to Manali and Bir in Himachal Pradesh.

Key Facts

  • Round size: Rs 7.6 crore, described as a seed round, the stage that usually follows an angel or pre-seed cheque.
  • Lead investor: Kairon Capital; other investors: Titan Capital, Divisa Family Office and Kunal Popat.
  • Use of funds, as reported: technology and product development, bringing more activity operators onto the platform, content and organic discovery, and distribution partnerships.
  • Expansion: from Rishikesh, where the consumer platform now operates, to Manali and Bir, with other destinations to follow.
  • Two products: the Bucketlistt booking marketplace for travellers, and OkGhumo, software that operators use to manage bookings, operations and accounts.
  • Earlier funding: a Rs 1.07 crore pre-seed round from angel investors at a post-money valuation of Rs 10.07 crore, announced in a press release in June 2026.
  • Founders: Shubham Makhecha, Nitant Desai and Divyam Shah; the company was founded in 2025.
  • The valuation for the new seed round was not disclosed in the reports.

Why It Matters

Most of the money in India's travel technology has gone to companies that sell flights, trains, buses and hotel rooms, and most of them are run from the big metros. Activities such as river rafting, camping, trekking and paragliding are a different business. They are usually sold by small local operators in hill and river towns, many of whom take bookings over phone calls and messaging apps and keep accounts on paper. Bucketlistt is trying to sit on both sides of that market: a place where travellers can compare and book activities, and a software tool that helps the operator run the business behind the booking.

The choice of towns is telling. Rishikesh, Manali and Bir are small places by population, but each is a known name for outdoor travel: Rishikesh for the Ganga and its rafting stretch, Manali as a base for the high Himalaya, and Bir for paragliding. Growth there is a test of whether a start-up can win over operators who already have steady customers and may not see why they should pay for software or share a commission with a platform. The company's reported plan to spend on operator onboarding suggests that this, rather than attracting travellers, is the harder part of the job.

For Peepals Bharat readers, the round is also a small example of a trend this sub-page follows: start-ups whose market is outside the metros. The money is modest by venture standards, but the jump from a Rs 1.07 crore angel round to Rs 7.6 crore within the same year shows that institutional investors are willing to back a business built on hill-town tourism. Whether that turns into jobs and steadier incomes for local guides and operators will depend on how many of them join, and on what terms.

Bucketlistt funding so farAmountInvestors
Pre-seed (announced June 2026)Rs 1.07 croreAngel investors
Seed (reported October 26, 2026)Rs 7.6 croreKairon Capital (lead), Titan Capital, Divisa Family Office, Kunal Popat

Impact

Short-term: The company is expected to add operators and listings in Manali and Bir and to spend on technology. Travellers in these towns may see more activities listed online with fixed prices and instant booking, and operators may be offered the OkGhumo software to manage their bookings.

Long-term: If the model works in three towns, the same pattern could be repeated in other adventure and pilgrimage destinations in the Himalaya and elsewhere. The open questions are the commission operators will be asked to pay, how safety standards are checked for listed activities, and whether the business can earn money in the off-season, when hill towns see far fewer visitors.

Who is affected: Small activity operators, guides and camp owners in Rishikesh, Manali and Bir; domestic travellers who book adventure trips; and the investors in the round. Local tourism bodies may also take an interest, since better booking records can give a clearer picture of visitor numbers.

Key Takeaway

Bucketlistt's Rs 7.6 crore seed round, led by Kairon Capital, is a bet that India's adventure travel, sold today mostly by small local operators in towns like Rishikesh, can be organised through one booking platform and one operator tool.

Questions and Answers

How much did Bucketlistt raise and who invested?

Bucketlistt raised Rs 7.6 crore in a seed round reported on October 26, 2026. Kairon Capital led it, with Titan Capital, Divisa Family Office and investor Kunal Popat taking part.

What does Bucketlistt do?

It runs an online marketplace where travellers book outdoor and adventure experiences, and it sells software called OkGhumo that activity operators use to manage bookings, daily operations and accounts.

Where does Bucketlistt operate, and where is it expanding?

Its consumer platform currently operates in Rishikesh in Uttarakhand. The company plans to use the new money to launch in Manali and Bir in Himachal Pradesh, and later in other destinations.

Has Bucketlistt raised money before?

Yes. It announced a Rs 1.07 crore pre-seed round from angel investors in June 2026, at a post-money valuation of Rs 10.07 crore. The valuation for the new seed round has not been disclosed.

Disclaimer: Prepared by the Peepals newsroom from publicly available sources with AI assistance. Information is accurate to the best of our knowledge at the time of publication and may change. Images may be representative. Not professional advice. Report an error via our contact page.

By Siddharth Verma, Business CorrespondentCovers Business and more for Peepals Bharat. All stories by Siddharth Verma

Siddharth Verma is a pen name of the Peepals Global Editorial Team, which researches, fact-checks and publishes every story. The portrait is an illustration.

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