Articles tagged “funding”

Mondee went public via SPAC, then went bankrupt, and now its founder is the majority owner of the privately held company.

This is another startup that Steve Singh is funding with the aim modernizing all aspects of business travel.

GoStops' successful Series A funding is an indicator of investor confidence in the growing popularity of alternative accommodations. As young Indians with focus on budget and unique experiences take over the travel scene in the country, GoStops has the potential to gain, provided it can keep up with rising competition.

This is the first time that IAG has set aside specific funds for startup investment.

The deals are small because the tech is still young, but there’s clearly interest in where it’s headed. 

Mews is among a number of late-stage travel tech startups that have collectively raised billions of dollars in the past couple of years to modernize outdated software systems. 

The ticket experiences sector has been ripe for modernization, and Klook is among those cashing in.

This investment from private equity firm Vitruvian Partners sets Klook up for further expansion in Asia Pacific.

Travel startups have raised about $400 million so far this year. By this time in 2024, travel startups had raised more than twice that.

Tech systems need upgrades to handle unprecedented growth in travel, and private equity firms are deploying billions to take part. In 2025, expect more consolidation as well-funded late-stage startups buy up smaller players, reshaping the industry’s behind-the-scenes infrastructure.