Bucketlistt.com Raises Rs 7.6 Crore for Rishikesh Activity Supply

Kairon Capital has led a Rs 7.6 crore seed round in Bucketlistt.com, an Ahmedabad-based marketplace for adventure experiences. Across the marketplace and its operator software OkGhumo, the company claims bookings above Rs 22.5 crore in the 10 months since launch. Divyam Shah, Nitant Desai and Shubham Makhecha set it up in 2025.

Kunal Popat, Divisa Family Office and Titan Capital joined the round, Entrackr reported. FinSMEs puts the round at approximately US$900K. The valuation was not disclosed.

How Bucketlistt.com started in Rishikesh

Makhecha and Desai are both chartered accountants. Makhecha held all-India rank 36 in the CA exam. He also flies as a certified paragliding pilot and leads treks, with more than 3,000 people guided, per an earlier company statement.

The company opened in Rishikesh in December 2025, and the town is still its main market. Makhecha said the whole team relocated there. His case rests on how unevenly travel has moved online: stays and transport went first, while activities stay “far more fragmented”.

Desai said the first 100 customers came from posters handed out around Rishikesh. Time spent with operators on the ground pushed the team to build OkGhumo, since putting discovery online would not work while the supply side stayed offline. ET Entrepreneur carried his account.

What the OkGhumo operator software does

Bucketlistt.com is the consumer side, where travellers book activities. The company says it has served over 12,000 customers, about one in five of them through word of mouth.

OkGhumo is the supply side. It went live in March 2026 and the company says more than 50,000 customers have been served through it. Adventure operators in Rishikesh run their bookings, seat stock, agent payouts and payments on it, in place of phone calls, WhatsApp threads and spreadsheets.

An operator can onboard vendors, track tickets against live seat counts, settle with agents, follow commissions, and get revenue and GST figures calculated automatically. The software also passes live inventory to Bucketlistt.com, which is what makes instant confirmations possible on the marketplace.

The order of the build matters. Operators got a working back office first, and the listings followed from it. A traveller booking a raft trip sees availability that the operator already maintains for its own agents.

The business

An earlier pre-seed round raised Rs 1.07 crore at a Rs 10.07 crore post-money valuation from angels Arvind Choudhar, Aenik Shah, Kartik Khatri and Yash Mehta. Indian Startup News reported that managed bookings stood above Rs 10 crore at the pre-seed stage. The company now puts the figure above Rs 22.5 crore. These are company claims.

The company names Klook, GetYourGuide, Viator and Alyve as competitors. Those platforms list experiences across many countries. Bucketlistt.com is building depth in one small town first, with operators already running their inventory on its software.

Kairon Capital founder and managing partner Deepankur Malhotra said the founders “have chosen to spend time where the transactions actually happen”.

For hotels, the practical point is that a property in an adventure town can point guests to activities with confirmed seats instead of a phone number. For OTAs and DMCs, it is a source of supply that is already structured: live inventory, settled commissions and GST records. For airlines, activities are the third layer of a trip, and the one Makhecha describes as the most scattered.

The next twelve months

The money goes to technology and product, onboarding more operators, and expanding beyond Rishikesh, starting with Manali and Bir. The company will also invest in content, organic discovery and distribution partnerships.

Each new town repeats the Rishikesh sequence: operators come on to OkGhumo first, and their inventory then appears on the marketplace. Distribution partnerships are the open door for travel businesses that already hold the traveller but have no activities to sell.