Oyo Hotels & Homes Pvt., the Indian hotel-booking company backed by SoftBank Group Corp. and on the verge of an IPO, is currently discussing with Malaysia’s sovereign wealth fund, Khazanah Nasional Berhad, for a funding round.  Sources reveal that Oyo aims to raise close to $400 million to fuel its expansion efforts and address existing […]

Utu, a Singapore-based travel tech company, has successfully raised $33 million in a Series B funding round, led by SC Ventures. The funding will support Utu’s growth and expansion plans, which include the recent acquisition of CardsPal, a Singapore-based fintech firm specializing in localized deals and promotions. Despite the travel slowdown caused by the pandemic, […]

The Indonesia-based fleet-tracking startup, TransTRACK, has successfully raised US$2.1 million in a pre-Series A funding round. The funding round was led by Ortus Star, with participation from existing investors Cocoon Capital and YCAB Ventures and new investors, including Goldbell Investment, NP Consulting, Damson Capital, and several angel investors.  TransTRACK is a technology enabler startup that […]

Traveloka, Southeast Asia’s leading travel and lifestyle platform, has announced raising $300 million in a funding round led by a private credit fund managed by BlackRock. A consortium of global institutional investors also participated in the funding round that will finance the expansion of Traveloka’s platform and strengthen the company’s capabilities as the world opens […]

PTT Oil and Retail Business Public Company Limited (OR) announced that it will invest in travel and local services platform Traveloka through its subsidiary, PTTOR International Holdings (Singapore). The investment is major step for OR to expand into the travel sector and strive to become a one-stop solution for all lifestyles, according to the announcement. […]

Singapore-based Aerial Mobility startup H3 Dynamics has secured US$26 million funding in Series B round led by Toyota Motor and Sumitomo Mitsui Banking Corporation backed- SPARX Mirai Creation Fund. Other investors include the investment arm of Singapore Economic Development Board-EDBI, Capital Management Group, Audacy Ventures, the Grosvenor Group, French Strategic investors ATEQ, and Ascent Hydrogen. […]

Go Zayaan, a Dhaka-based online travel agency, announced raising $2.6 million in a seed round led by Southeast Asian venture capital firm Wavemaker Partners. The funding round also saw the participation of 1982 Ventures, Iterative, and Century Oak Capital. A number of prominent angel investors also backed the fundraising. Previously, the company raised its pre-seed […]

Trawork is an Indian startup targeting a professional audience who work from home. They help working clients organize local and international trips for work vacations or ‘workations’. Their target demographic are professionals that are looking to work remotely, taking advantage of time outside the office space to work and travel simultaneously.  Trawork -About The Company […]

Klook is an online travel booking platform designed to connect tourists and leisure travelers with popular attractions and destinations in various countries. The company focuses primarily on tourism, but has significantly diversified its operations to other sectors as well.  Klook -About The Company Klook was founded in 2014 by Bernie Xiaokang Xiong, Eric Gnock Fah, […]

Travel is one of the most fundamental aspects of our lives, and one field which has always been propelled to new heights thanks to technology. Modern-day TravelTech not only encompasses newer and faster ways to travel but also tools that make it easier in all aspects. The internet has vastly shrunk the world, and travel […]