Indus Valley Times

Investments to fuel global expansion as the company targets 1000+ trips globally

over the next three years

New Delhi, August, 10: Adventures Overland today announced the first close of an

ongoing funding that puts the company valuation at over US$10 million.

To determinedly drive its expansion and growth plans globally, Gurgaon-based travel

company Adventures Overland has raised US$ 1 million led by Mumbai-based Mr Shalin &

Nishita Sarvaiya along with Mr Ashok Shah who are partners at Adam Exports, a garment

export house with strong foothold in the European market for over 4 decades.

With over a decade of operating self-drive road trips across 5 continents, Adventures

Overland is now looking at expanding globally through their highly curated and much

acclaimed road trips. As part of its growth strategy, it is looking at forays into the US and UK

markets in phase 1 of its global outreach initiative.

Much like Tony and Maureen Wheeler in the 1970s, Co-Founders of Adventures Overland –

Sanjay Madan and Tushar Agarwal set off on a world road trip in 2012. Covering 90000 km

across 50 countries, the intrepid duo set records galore en route – 1 Guinness World Record

and 15 Limca Records. The journey was filmed and ‘The Great Indian World Trip’ was aired

on TLC channel and is currently streaming on Discovery+. Soon after the trip, the duo set up

Adventures Overland organising its maiden commercial trip to Ladakh in the Himalayas.

Since then, the company has organised over 100 expeditions in 80 countries. Over 1000

guests have travelled with Adventures Overland, with rave reviews taking their stock high.

The stage is also set for second phase of company’s evolution as it looks West. Self-drive

holidays are a way of life in the US and UK, but there aren’t many players in the guided,

small group self-drive segment that allows travel enthusiasts to drive in convoys with radio

sets in each car through remote parts of the world such as Central Asia, Alaska, along the

west coast of South America through the Andes or the thick forests of Africa, without any

worries of break downs, language barriers, navigating through difficult terrain etc. “It is a

well-known fact that road trips are the best way to explore a country or region. Once you are

in the driving seat the feeling of being a foreigner in a new place goes away. It feels like

being in sync with the land,” says Sanjay Madan.

Cross border trips are one of the unique product categories being offered by Adventures

Overland. In 2023 the company plans to run a Bus to London from Delhi. This epic journey,

reminiscent of the Hippie Trail of the 1960s and 70s, has revved up considerable interest

worldwide. “Every single route in each country has been vetted to ensure that the journey is

seamless. We take charge of documentation, paperwork, visas and permits to ensure that

the entire focus of participants is on experiencing the journey. We ensure an experienced

English-speaking local guide is travelling with the group at all hours to ensure personal

safety, smooth communication, and travel. The bus on this epic journey is being customised

to add all the necessities, comforts and luxuries which will ensure that participants travel in

the lap of luxury from Delhi to London” added Tushar Agarwal.

On how infusion of funds will help drive growth Sanjay added, “It will help us take the brand

footprints across the globe. We plan on opening offices in 6 continents and investing into a

fleet of 4×4 SUVs to cater to the huge demand of experiential travel. With this round of

funding, Adventures Overland plans to organise 1000+ trips globally over the next three

years. A sizeable chunk of the funding will also be used for global marketing, infrastructure

upgradation, product development, content creation and expansion into tier 2 cities.”

Speaking from the investor perspective Shalin quoted: “We have been clients of Adventures

Overland and participated in many trips. We strongly identified with the passion of the

founders – Sanjay and Tushar. The thought of being equity stakeholders emanated from our

love of travel and the desire to create a world class brand.”

About Adventures Overland

The company was founded in 2012 by Sanjay Madan and Tushar Agarwal. Headquartered in

Gurgaon, Delhi NCR the company also has an office in Goregaon, Mumbai. With over 100

expeditions under its belt, the company will soon be embarking on its flagship trip – Road to

London – for the fourth time on the eve of Independence Day. Drives through Brazil,

Argentina and Morocco are a few other trips avid road-trippers can look forward to.

Three pillars of company’s business model are: Community, Content and Commerce.