Onto Launches Hotel Price Drop Refund Feature After Raising $1 Million in Pre-Seed Funding

Onto Launches Hotel Price Drop Refund Feature After Raising $1 Million in Pre-Seed Funding

Bengaluru-based Onto launches its hotel Price Drop Refund feature after raising USD 1 million in pre-seed funding, offering automatic refunds when eligible hotel prices fall, including for bookings made on other platforms.

 

Bengaluru-based travel platform Onto, founded by former Groww professionals Jagdeep Singh and Shubham Goyal, has launched its services after raising USD 1 million in a pre-seed funding round led by Stargazer Fund and co-led by Singapore-based White Venture Capital. The company is introducing a hotel booking feature that automatically refunds travellers the difference when prices fall after a reservation, including for eligible bookings made through other platforms.

Onto’s first offering, Price Drop Refund, is designed to support travellers even after they have completed a booking. The company aims to bring a technology-led, customer-focused approach to travel, beginning with hotel reservations and gradually expanding towards a more connected, AI-led travel experience.

The company was founded by Jagdeep Singh and Shubham Goyal, who bring experience from building consumer technology products. The newly raised capital will be used to scale operations, strengthen the company’s technology infrastructure and develop new products as Onto works towards its broader travel platform vision.

Jagdeep Singh, Co-founder of Onto, said, “The travel industry is built around transactions, so the moment you pay, everyone stops caring. We started Onto to be the platform that stays on your side after you book. Today, that means refunding you when your hotel's price drops, wherever you booked it. Tomorrow, it means looking after your entire trip, bringing every booking into one place, and using AI to show you only what matters to you, and why.”

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Shubham Goyal, Co-founder of Onto, said, “A customer-first platform has technology at its core. The systems should take the complexity away from the user. Refunding the difference when a price drops sounds simple. Doing it for every booking, including ones made elsewhere, means building a system that can recognise any hotel booking, understand it, watch it, and act on your behalf without you lifting a finger. We built that foundation first because the rest of Onto sits on it.”

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Through its Price Drop Refund feature, Onto continues to monitor hotel prices after a booking has been made. If the same hotel, room and dates become available at a lower price, the platform automatically refunds the difference. The feature also covers eligible hotel bookings made through other platforms, allowing travellers to bring their existing reservations to Onto and access the same price-drop protection.

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Refunds are credited to the original payment method. Travellers receive updates about price changes and refunds through WhatsApp and app notifications, keeping them informed throughout the process without requiring them to monitor hotel rates themselves.

Onto’s app recorded more than 2,000 downloads ahead of its official launch, indicating early interest in its approach to travel bookings. According to the company’s early booking data, almost every booking experienced a price change after it was made, while one in two bookings resulted in an automatic refund to the traveller.

The company has established deeper integrations with multiple hotel suppliers, enabling it to offer bookings across domestic and international destinations from launch. Beyond hotel reservations, Onto plans to expand its services to simplify the wider travel journey and make it more personalised.

Onto is also developing AI-led capabilities intended to understand travellers’ preferences and past travel behaviour, recommend relevant options and explain why those recommendations may suit individual needs. The company aims to reduce the effort involved in making travel decisions without taking those decisions away from travellers, allowing them to retain control over their choices.

Founded by Jagdeep Singh and Shubham Goyal, Onto is a Bengaluru-based travel platform that helps users discover and book hotels while monitoring eligible reservations for price drops, including bookings made on other platforms. Its broader objective is to build a more connected and personalised travel experience by combining automated price monitoring with technology-driven recommendations.

With its USD 1 million pre-seed funding and the launch of Price Drop Refund, Onto is beginning its expansion with a focus on post-booking customer support, automated savings and a more personalised approach to travel planning.

For more information, visit onto.travel. Travellers can also download the Onto app at onto.onelink.me/Cw2x/1abzgarq.

 

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