NusaTrip closes IPO, nets $15 million
Indonesia-based online travel agency (OTA) NusaTrip has closed its initial public offering, with proceeds totaling $15 million before underwriting discounts and offering expenses. Shares began trading on the Nasdaq Capital Market on August 15.
The company said the proceeds will be used to expan [...]
Trambellir’s new partnerships are helping it shift the narrative around medical tourism
CEO maps strategy around democratising medical tourism. “This is not just innovation, it’s inclusion.”
When So Iizuka (CEO and co-founder, Trambellir) speaks about medical tourism, he talks about it in relation to infrastructure, compliance, trust, and an industry-wide rewiring that’s ha [...]
Big bets, bold moves: Investors double down on Middle East’s travel startup future
In a region undergoing massive economic transformation, the Middle East’s travel sector is becoming fertile ground for venture bets – from Umrah companions and cargo startups to AI-led personalisation.
At the WiT Phocuswright Middle East panel moderated by Phocuswright Managing Director Pete Co [...]
MakeMyTrip raises $2.6B to buy back stake from Trip.com Group
India-based online travel agency MakeMyTrip (MMT) is raising more than $2.6 billion as it looks to buy back a stake owned by Trip.com Group.
MMT said it is raising the funds through a primary equity offering as well as convertible senior notes, following Trip.com Group's announcement last week [...]
Timothy Hughes, the “Cranky Optimist” on travel, tragedy and comedy | Conversations On Turning 20
When you get to the ripe young age of 20, you’re bound to collect lots of stories – not only about the past but lessons for the future.
As WiT marks its 20th year in 2025, we turn the spotlight on our community, our tribe pioneers and leaders, to tell their stories and share their views on th [...]
Rob Rosenstein on the crazy early days, cowboy stories and capital flow | Conversations On Turning 20
When you get to the ripe young age of 20, you’re bound to collect lots of stories – not only about the past but lessons for the future.
As WiT marks its 20th year in 2025, we turn the spotlight on our community, our tribe pioneers and leaders, to tell their stories and share their views on th [...]
PerkUP Inc. raises 50 million Yen in seed round to advance tourism DX
PoC for “MEETSCUL,” a Hand-Raise style matching engine connecting groups and local communities, to launch in Nagano in April 2025
PerkUP Inc., which operates co-workation.com, a one-stop booking platform for corporate groups, has completed a 50-million-yen seed round. The funding includes [...]
Fritz Demopoulos on self-awareness, fishing and outsiders | Conversations On Turning 20
When you get to the ripe young age of 20, you’re bound to collect lots of stories – not only about the past but lessons for the future.
As WiT marks its 20th year in 2025, we turn the spotlight on our community, our tribe pioneers and leaders, to tell their stories and share their views on th [...]
Klook’s $100M fund raise signals confidence in the travel experiences sector
Reactions from industry insiders were swift and varied when news broke that Klook had raised another $100 million, this time from Vitruvian Partners. Responses ranged from admiration – “Wow, they’re a fundraising machine” – to concern – “Oh dear” – to outright battle cries: “It� [...]
From “self-destruction” to successful exit: How Brett Henry turned MG Group around
Singular mission to build world’s best B2B hospitality marketplace amid Asian Century
Fresh from a successful exit in which he engineered the sale of Indonesia's MG Group to Creador, a South-east Asia private equity firm earlier this month, Brett Henry, president director and CEO, is a man with a [...]
