Articles tagged “funding”

It's eye-catching that Fyle, a Bengaluru-based expense management software company, has received funding from Tiger Global, a venture firm that was an early backer of Flipkart, Spotify, LinkedIn, and Despegar.

Large-format catering orders may not grab the same headlines commanded by third-party delivery services at the moment, but it's a buzzing and important part of many restaurants' off-premise strategies.

Toast has seen tremendous growth over its five years of existence. We wouldn't be surprised if the next stop is an IPO. (And directing $1 billion toward R&D efforts is certainly not small potatoes.)

This week corporate travel tech startup Lola, attractions software builder Bookingkit, and hospitality job marketplace Jitjatjo collectively raised more than $53 million in funding.

This week travel startups Guesty, The Plum Guide, Zeus, Zuzu, Welcome Pickups, Vntrip, and Hostfully revealed more than $76 million in funding collectively.

This week travel startups BookingPal, Instawork, Withlocals, Ayenda Rooms, and Questo together announced more than $30 million in funding. Of note, famous venture investor Bill Gurley took a stake in Instawork's hiring marketplace, and mammoth investor Softbank is betting on Ayenda Rooms as Colombia's version of budget hotel franchisor Oyo.

Analyzing startups and venture capital trends helps us glimpse the future of travel.

It's not clear there's enough market demand for a mobile app that books only independent and boutique properties. But some hoteliers might welcome the new app One Night if it can bring down its distribution costs, even marginally.

Analyzing startups helps us understand what the future of travel holds. The latest generation of startups promises innovation across many facets of travel: hospitality, tours, airlines, business travel, and more.

Pickyourtrail has received funding to expand its online services for booking international vacations; its operation is strikingly sophisticated for a small startup. Plus, investors also recently announced bets on smart hotels, urban lounges, and storage places for luggage.