Tag: Funding
HalalBooking secures Series B Round funding
HalalBooking saw US$2.5 million of new cash invested in July at a company valuation of US$102 million in the next stage of its Series...
Mystifly closes Pre Series B Funding
Singapore-based Mystifly, a leading vertical SaaS & marketplace provider for the airline industry, has raised Pre Series B funding of S$8 million (US$6 million)...
Malaysia resumes tourism fund to aid sector
The Ministry of Tourism, Arts and Culture Malaysia (MOTAC) has resumed a tourism fund dubbed Gamelan for tourism operators to avail of for promotions...
Klook gains US$200 million in Series E funding round
Travel and leisure booking platform Klook has raised US$200 million in additional funding through a Series E round led by Aspex Management and other...
G Adventures launches funds to support guides
G Adventures has created three different funds to support its ecosystem of local tour guides, Inca Trail workers and local community projects that typically...
SIA lands US$7.1b in fresh funds
Singapore Airlines (SIA) has raised S$10 billion (US$7.1 billion) in liquidity through its recent rights issue, as well as a mix of secured and...
Struggling tourism companies pivot to crowdfunding as virus bites
It is March 2019. In the mountainous Sapa town of Vietnam’s northwest region, along the Chinese border, popular sights from ethnic markets to a stone church bustle with tourists and locals alike, amid the constant rumble of ongoing construction work.
Qatar Airways inks US$850 million financing deal with StanChart
Qatar Airways has secured US$850 million in financing from Standard Chartered, pledging seven Boeing 787-9 aircraft as collateral.
Qatar Airways Group CEO Akbar Al Baker...
Airbnb snags US$1 billion investment to mitigate coronavirus shock
Airbnb has secured a US$1 billion investment from private equity firms Silver Lake and Sixth Street Partners to help the home-sharing giant to fight...
SIA raises US$13.3 billion in crisis funding
National carrier Singapore Airlines (SIA) has raised S$19 billion (US$13.3 billion) to tide over the pandemic, with S$15 billion through rights issuances, subject to shareholder approval, and the...
