Author: Shivangi Chowmal
Inspirato secures USD 25 million investment from Capital One Ventures
US-based innovative luxury travel subscription brand- Inspirato (NASDAQ: ISPO), secured a USD 25 million convertible note investment from Capital One Ventures, the venture arm of Capital One Bank. The news was officially announced by Inspirato on Aug 8, 2023.
HalalBooking Secures $2.5 Million in Ongoing Series B Round
In July 2023, HalalBooking, a leading international search and booking platform for halal-friendly hotel and villa accommodations, secured an additional $2.5 million in angel investment, marking a significant step in its Series B funding round.
Respax's Acquisition of Livn: Shaping the Future of In-Destination Experiences
In the ever-evolving landscape of in-destination experiences, Australian-owned tour and activity booking system provider ResPax has recently made headlines by acquiring Livn, a B2B connectivity provider based in Australia. This strategic move, aimed at enhancing distribution capabilities, signifies a noteworthy
EaseMyTrip to acquire a majority stake in 3 Indian travel companies
Online Travel Platform EaseMyTrip to acquire a majority stake of 51% in three Indian Travel companies, namely- Guideline Travels Holidays India, TripShope Travel Technologies and Dook Travels; to expand its operations in Indian as well as Global marketplaces.
Yanolja's calculated move: Acquiring Innsoft Inc. to strengthen North American hospitality services
In a calculated move within the global hospitality industry, South Korean entity Yanolja has finalized the acquisition of Oregon-based Innsoft Inc., signaling a deliberate effort to expand its presence and services in North America. The transaction, valued at $8.3 million,
Blueground acquires Nestpick, to facilitate the launch of its partner network
Blueground, a New-York based global proptech company, acquires monthly furnished housing platform Nestpick, to establish it’s partner network.
Douyin, a game changer in travel booking with 1 billion users?
Social media platforms have evolved far beyond mere communication channels to become hubs of entertainment, discovery, and business. One of these emerging platforms is Douyin, closely related to its parent company, ByteDance, and sharing similarities with its international counterpart, TikTok.
African travel tech company HotelOnline, secures an undisclosed investment from South Korean unicorn Yanolja Cloud
South Korean travel tech company Yanolja Cloud, forays into the thriving African market through a strategic investment in HotelOnline.
Yanolja Cloud's groundbreaking acquisition of Go Global Travel: Revolutionizing the global travel and hospitality landscape
In a strategic move that has captured the attention of the global travel and hospitality industry, Yanolja Cloud, a leading provider of AI-based SaaS solutions, has announced the acquisition of Go Global Travel (GGT), a prominent B2B travel technology company.
Madecomfy secures an AUD 10 million investment to expand Its footprint in the Australian short rentals market
Madecomfy, established in 2015 by Sabrina Bethunin and Quirin Schwaighofer, aims to offer exceptional stay experiences for travelers seeking high-quality vacation rentals. Under their guidance, Madecomfy quickly emerged as a prominent player in Australia's vacation rental industry. The founders' unwavering