Juniper Group Acquires Hotel Tech Startup Vervotech

Key Points

• Juniper Group has acquired Vervotech, a startup that manages hotel room data, to enhance its travel tech portfolio.
• Vervotech's platform helps eliminate duplicate hotel listings, improving booking accuracy and efficiency.
• The acquisition allows Vervotech to continue operating independently while accessing more resources for expansion.

Summary

Juniper Group has acquired Vervotech, an India-based startup specializing in managing hotel room data, as part of its travel tech expansion strategy. Vervotech's platform addresses issues with duplicate hotel listings, improving booking accuracy. The acquisition allows Vervotech to maintain its independence while gaining access to additional resources for growth and development, with plans to expand into Europe, North America, and the Middle East.