Singapore-based e-ticketing platform GlobalTix has announced the completion of a S$12.5 million (US$9 million) growth investment round from B2B venture capital firm Tin Men Capital.
Founded by brothers Chan Chee Chong and Chan Chee Kong, GlobalTix owns and operates an e-ticket distribution platform serving the tourism industry by helping to connect tourist attractions with online and offline travel agents across the globe.
The company currently handles more than US$75 million worth of transactions on its platform annually, and works with travel-related companies such as Universal Studios Singapore, Waterbom Bali, Singapore Airlines and TripAdvisor, among others. It has offices in Singapore, Indonesia, Thailand and the Philippines.
“Although the GlobalTix platform already covers inventory for attractions across Asia, we realise that we can do even better by learning from the success of our coverage of tours and attractions providers in Singapore, and repeating that model by investing in having a direct presence in the key in-bound tourism markets in Asia,” said Chan Chee Chong, CEO of GlobalTix.