Finance

News / Online

WATCH: Digital travel brands ended 2021 with cautious optimism

By PhocusWire | April 29, 2022

The Omicron variant of COVID-19, which emerged in late 2021, illustrated how the travel, tourism and hospitality industry will likely remain at the mercy of the pandemic for some time. Read More

News / Startups

India’s TravClan raises $4.7M to help agents digitize operations

By Mitra Sorrells | April 29, 2022

TravClan helps travel agent set up websites, connect to suppliers and manage their online marketing. Read More

News / Startups

Trouble in travel SPAC-land or just choppy seas?

By PhocusWire | April 28, 2022

SPACs (Special Purpose Acquisition Companies) have become a useful mechanism for travel companies to go public. But things haven't gone as smoothly as some companies have wanted. Read More

News / Technology

China’s Ruqi Mobility raises $153M for autonomous vehicle push

By Mitra Sorrells | April 26, 2022

Ruqi Mobility says it will use this round of financing to accelerate the development of its Robotaxi autonomous vehicle services. Read More

News / Technology

Swvl buys Turkey’s Volt Lines in first acquisition as public company

By Mitra Sorrells | April 26, 2022

This is the fourth acquisition for Dubai-based Swvl in less than a year. Read More

News / Startups

Machine learning startup Jarvis lands $16M to grow hospitality offering

By Mitra Sorrells | April 21, 2022

Jarvis ML wants to provide what it calls "OTA-grade machine learning" capabilities for short-term rental property managers. Read More

News / Online

Rapido drives off with $180M in funding

By Linda Fox | April 19, 2022

The investment in the India-based bike-taxi firm was led by food delivery platform Swiggy. Read More

News / Startups

Itilite raises $29M for business travel and expense solution

By Mitra Sorrells | April 15, 2022

Itilite says its business has grown 500% since its last funding round in 2020, and it now works with more than 300 companies globally. Read More

News / Online

Tours platform Civitatis looks to growth with €100M investment

By Linda Fox | April 7, 2022

The Spain-based company wants to accelerate expansion in the rest of Europe as well as Latin America through a “growth partnership" with Vitruvian Partners. Read More

News / Startups

Touch Stay books £500K in funding for digital guidebook

By Linda Fox | April 6, 2022

The funding came from a number of investors including SiteMinder founder Mike Ford. Read More

News / Online

Matsuri raises $16M for rental technology push

By Linda Fox | April 4, 2022

The Japan-based company wants to expand its StayX technology platform nationwide. Read More

News / Startups

Swvl IPO gets shareholder go ahead

By Linda Fox | April 1, 2022

The Dubai-based shared mobility and transit company had previously announced its combination with Queen’s Gambit in July 2021. Read More

News / Startups

Investors on rethinking hospitality and real estate and the rise of digital nomads

By Yeoh Siew Hoon - WiT | April 1, 2022

The total restructuring of accommodation real estate and the rise of digital nomads will be two of the biggest pandemic changes, say investors who spoke at The Bridge Series, organized by WiT and... Read More