Vayant Travel Technologies has received undisclosed investment from Deutsche Lufthansa with the airline taking a minority stake in the business.
The real-time flight search and pricing platform says it will remain independent and continue to work with any airline despite the investment from the German flag carrier.
Vayant launched in 2010 (TLabs here) with funding from New Europe Venture Equity and, according to a statement. it now plans to 'intensify' growth with this latest investment.
Vayant unveiled its FastSearch technology almost three years ago promising sub-second flight results.
Last year, Lufthansa became Vayant's most significant business win when it signed up to use the Pricing Cache tool.
Eric Dumas, chief executive of Vayant says:
“We are seeing a very positive reaction and traction from the market to our product ecosystem and the opportunities they present for airlines and travel companies. We are now looking forward to taking Vayant a step forward.”
As part of the investment, Lufthansa vice president of global sales and key account management Christian Tillmans is joining the Vayant board.
In May, Vayant announced an upgrade to OneSearch, its core shopping and pricing system enabling dynamic pricing