Tripmakery, an Austrian-based search and booking platform that helps book group travel accommodations, successfully raised USD 1.1 million in later-stage venture capital funding. The funding was led by venture capital firms Gateway Ventures, ZAKA VC, KFLT Angels, and SeedBlink, alongside
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.
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.
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
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.
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, a New-York based global proptech company, acquires monthly furnished housing platform Nestpick, to establish it’s partner network.
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.
South Korean travel tech company Yanolja Cloud, forays into the thriving African market through a strategic investment in HotelOnline.
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.