Startups

Travel Startup Founder’s Jailing Prompts Backlash from India’s Tech Leaders

Travel Startup Founder’s Jailing Prompts Backlash from India’s Tech Leaders

Saritha Rai, Bloomberg

Stayzilla, a short-term rental marketplace, closed last month. A company has had the CEO jailed, claiming the man is liable for an unpaid bill. If intimidation is overriding bankruptcy law, then Prime Minister Narendra Modi, who has a “Startup India” drive, should speak out.

4 hours ago

Boom Tech Raises $33 Million for Supersonic Jet: Travel Startup Funding This Week

Boom Tech Raises $33 Million for Supersonic Jet: Travel Startup Funding This Week

Sean O'Neill, Skift

Boom will get a supersonic jet to test, Ixigo will get help with its Indian expansion, and Eventerprise will expand beyond South Africa — all thanks to fresh rounds of funding.

12 hours ago

5 Travel Startups Popularizing Installment Payments for Vacations

5 Travel Startups Popularizing Installment Payments for Vacations

Sean O'Neill, Skift

In the past nine months, a group of relatively low-profile startups began signing up brands like Expedia and United Vacations to the concept of layaway plans for buying travel.

4 days ago

Tour Booking Platform Rezdy Raises $1.8 Million: Travel Startup Funding This Week

Tour Booking Platform Rezdy Raises $1.8 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

It has been a big week for small players, as investors placed bets on startups in these sectors: tours-and-activities, ground transportation, Brazilian flight booking, and digital marketing.

7 days ago

Skift’s Top Travel Startups to Watch in 2017

Skift’s Top Travel Startups to Watch in 2017

Sean O'Neill, Skift

Here are innovative young travel companies, from Medellín to Beijing, that are poised to achieve escape velocity.

1 week ago

GuestToGuest Gets $35 Million: Travel Startup Funding This Week

GuestToGuest Gets $35 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

Let's hope that GuestToGuest's bet on home-swapping ends better than General Catalyst's $15 million investment in Couchsurfing did. Plus, two startups — Hostmaker and Travis — raised money.

2 weeks ago

5 New Asian Travel Startups Incubated by Amadeus

5 New Asian Travel Startups Incubated by Amadeus

Sean O'Neill, Skift

Making things predictable — such as train ticket confirmations, airport security lines, mobile phone data fees, how to get from point to point, and the effect of events on hotel demand — is a theme of this batch of startups.

3 weeks ago

Klook Raises $30 Million for Attractions Search: Travel Startup Funding This Week

Klook Raises $30 Million for Attractions Search: Travel Startup Funding This Week

Sean O'Neill, Skift

Two success stories this week: Last year Klook helped travelers book more than five million attractions and activities, making it Asia's booking leader. Meanwhile, major airlines have been adding LocusLabs' maps to their apps at a torrid pace.

3 weeks ago

Singapore Is Getting Tougher on the Sharing Economy Brands It Once Embraced

Singapore Is Getting Tougher on the Sharing Economy Brands It Once Embraced

Fathin Ungku and Jeremy Wagstaff, Reuters

Cities have often been the underdogs when it comes to working with sharing economy brands. It's nice to see them use what they've learned to their own, and their citizens', advantage.

4 weeks ago

Travefy Makes Its First Acquisition: Travel Startup Funding This Week

Travefy Makes Its First Acquisition: Travel Startup Funding This Week

Sean O'Neill, Skift

Travefy solidifies its business with travel management companies, TravelCar brings its car rental solution to U.S. airports, NIDA Rooms expands its branded budget hotel room model in Southeast Asia, and more news in our weekly roundup.

4 weeks ago

Stayzilla Closes Indian Alternative Lodging Business Despite Raising $34 Million

Stayzilla Closes Indian Alternative Lodging Business Despite Raising $34 Million

Sean O'Neill, Skift

It was only last May that Stayzilla received $13 million in a Series C round. An impressive-seeming execution must have blinded investors to spreadsheet data showing the company was not generating enough revenue to cover its costs.

4 weeks ago

4 New Travel Startups Helping Hotels Engage With Guests

4 New Travel Startups Helping Hotels Engage With Guests

Sean O'Neill, Skift

Tink Labs is a standout Hong Kong company in the hotel ecosystem. It attracted $170 million in funding to make its Handy loaner smartphones a free amenity in hotels worldwide. But we found some other companies that are also offering promising tools for hoteliers.

1 month ago