ASEGO Global Assistance, the flagship company of the ASEGO Group and a player in travel assistance and ancillary services, has secured a strategic investment of ₹175 crore from Xponentia Capital.
The investment, representing approximately a 25–30% equity stake, will enable ASEGO to expand its service offerings and accelerate its evolution into an integrated travel assistance provider.
This development comes as ASEGO continues to deepen its reach across the travel value chain, offering global assistance services including doctor-on-call, emergency medical support and evacuation, baggage tracking, and travel insurance through reputed insurers.
With a legacy spanning over 25 years and over 3 million travellers protected annually, ASEGO remains a trusted partner for travel agencies, airlines, OTAs, TMCs, visa facilitation centres, and educational consultants. The company today maintains a pan-India presence with a network of over 22,000 travel trade partners and a portfolio of more than 200 curated assistance products. ASEGO aims to achieve revenue of ₹350 crore in FY26.
Dev Karvat, Founder & CEO, ASEGO, said, “We continue on our journey and aspirations of expanding our global footprint and customer base, broadening our product offerings, and delivering innovative solutions to customers. The travel assistance market is a highly specialized and niche segment with a large addressable opportunity. We believe ASEGO is well-positioned to benefit from the sector’s growth and look forward to this investment supporting our next phase of growth.”
Bhavya Kapoor, Managing Director, Xponentia Capital, said, “We believe ASEGO is uniquely positioned to leverage the growing demand for embedded assistance solutions in travel. We are excited to partner with Dev and Bhavi Karvat, whose leadership, persistence, and innovative thinking have helped build ASEGO into a market leader in this segment.”
