Investments

russia-travel-recovery
News / Online
Russia primed for online travel growth as investment arrives
By Linda Fox | August 4, 2021
The country's travel industry had been experiencing strong growth in the years running up to 2020 and online travel sales were steadily growing. Read More
vtravel-250-million
News / Online
Vietnamese tech conglomerate, OTA operator raises $250M
By Mitra Sorrells | August 2, 2021
VNLife operates VNTravel, a Vietnam-based online travel agency with more than five million customers. Read More
VIDEO: Navigating the travel payments ecosystem in Asia
News / Technology
VIDEO: Navigating the travel payments ecosystem in Asia
By PhocusWire | August 2, 2021
Multi-currency payments; fraud; how many payment methods should you offer – key headaches that need addressing. Read More
exoticca-$30M-funding
News / Startups
Exoticca lands $30M investment to develop packages platform
By Linda Fox | July 30, 2021
Multi-day packages operator Exoticca has now raised a total of $53 million. Read More
Ixigo raises $53M led by Singapore's sovereign wealth fund
News / Distribution
Ixigo raises $53M led by Singapore's sovereign wealth fund
By Mitra Sorrells | July 29, 2021
The round also has participation from Bay Capital Holdings, IE Venture Fund, India Acorn Fund, Malabar India Fund and others.  Read More
PhocusWire Pulse: Progress In Travel Payments
News / Technology
PhocusWire Pulse: Progress In Travel Payments
By PhocusWire | July 29, 2021
We look at issues and trends ranging from delayed payment programs, fintech divisions in major travel brands, credit cards, customer trust and much more. Read More
revinate-navis-acquisition
News / Technology
Revinate acquires direct booking platform NAVIS
By Mitra Sorrells | July 27, 2021
Terms of the acquisition have not been disclosed, but Revinate says its investor and partner, Serent Capital sponsored the deal. Read More
travel-spac-update
News / Startups
Charting the rise of SPACs in online travel
By Linda Fox | July 27, 2021
About eight travel companies have exited via special purpose acquisition company in recent months, as other SPACs continue to eye the sector. Read More
bbot-seriesA-funding
News / Startups
Bbot lands $15M for hospitality ordering and payment service
By Linda Fox | July 22, 2021
The latest raise brings Bbot's total to just over $22 million following a $4 million investment announced in January this year. Read More
miles-rewards-series-a
News / Online
Miles travel rewards platform raises $12.5M
By Mitra Sorrells | July 21, 2021
Miles, which allows users to earn miles for all forms of travel, has raised a total of $20 million since launching in 2018. Read More
OYO secures $660M loan, keeps focus on post-pandemic growth
News / Online
OYO secures $660M loan, keeps focus on post-pandemic growth
By Kevin May | July 19, 2021
The India-based company initially secured the agreement in May this year for the Term Loan B, a financial mechanism whereby the amortization is set for between five and eight years. Read More
phocuswright-europe-female-founders
News / Startups
VIDEO: Tracking the journey for women founders in travel
By PhocusWire | July 19, 2021
Three women who have created travel companies discuss their personal experiences and the role of gender in the industry at large. Read More
nethone-fundraise
News / Startups
E-commerce fraud fighter Nethone raises $6.7M
By Mitra Sorrells | July 19, 2021
Nethone, a Poland-based startup that provides fraud protection technology for travel suppliers, says it will use the funding to accelerate its go-to-market efforts and to develop new features.   Read More
softbank invests in yanolja
News / Online
SoftBank invests $1.7B into South Korean travel platform Yanolja
By Jill Menze | July 16, 2021
According to Yanolja, despite the impact of the coronavirus pandemic, the company achieved both net growth and gains in operating profit last year. Read More
Travel insurance platform Setoo merges with Pattern
News / Online
Travel insurance platform Setoo merges with Pattern
By Kevin May | July 16, 2021
Setoo was created in 2017 with a vision to provide travel businesses a way to automate the insurance process and to develop personalized cover plans for each traveler. Read More