Vietnamese Agency Vntrip Raises $10 Million: Travel Startup Funding This Week
Photo Credit: A user tries to book travel on Vntrip. The startup's fundraising in the past year makes it the third-most successful Vietnamese startup at fundraising after two non-travel companies Momo, which raised $28 million, and F88, which raised $10 million. Vntrip
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After years of following startup funding trends, it's tempting to move to a developing country to start an online travel agency or metasearch company. On the other hand, we can list dozens of reasons not to.
Each week we round up travel startups that have recently received or announced funding.
The total raised this week was more than $22 million.
>>Vntrip, a Vietnamese online travel agency that is essentially a white-label affiliate of Booking.com, has raised $10 million in a Series B funding round. Hendale Capital, a Hong Kong-based firm, led the round.
Vntrip debuted for consumers in 2016, when it raised a $3 million Series A round led by former Alibaba chief technology officer John Wu.
The company wants to repeat the funding feat accomplished by Traveloka, an online travel agency in Indonesia that raised
