Velocity eyes $20m for travel fund, aims to match corporates with startups
COVID has given Velocity Ventures new impetus to forge ahead with its travel and hospitality fund, and the firm is targeting to raise US$20 million by December 2021.
Nicholas Cocks (pictured), founder and managing partner of Velocity Ventures, said, “When we thought about the kind of disruptio [...]
Singapore Tourism Accelerator hits sweet spot with Covid
THE Singapore Tourism Accelerator programme, along with other initiatives that support the industry in digital transformation, is starting to look more and more on point and timely as the post-pandemic travel reality will clearly be more high tech and low touch.
“The current pandemic has under [...]
GlobalTix tackles content management challenge with Magpie
GLOBALTIX'S growing content management challenge has led the Singapore-based online ticketing platform to forge a partnership with Magpie. The San Francisco company Magpie provides content management solutions to the tours and activities sector.
“As we continue to build up our already vast dat [...]
Tourplus, armed with $1m fund raise, moves from transactions to content to survive Covid
Rickson Goh (centre) and his team: Sticking together through Covid. Goh said there has been no layoffs but the team agreed on pay cuts and unpaid leave to get through this period.
Malaysia-based Tourplus, which matches travellers with driver/guides and personalized itineraries, was on the road t [...]
WiT Seoul 2020 goes hybrid – physical Innovation Stage twinned with virtual event
WiT Seoul 2020, to be held October 29, will combine a physical WiT Innovation Stage in Seoul starting at 2pm local time, with a virtual Main Stage which will kick off at 5pm.
The WiT innovation Stage, aimed at connecting local startups with investors in mentoring sessions, will be held from 2pm [...]
Dream Drive claims top prize at WiT Startup of the Year 2020 in Singapore
Japan’s Dream Drive has claimed the top prize in this year’s WiT Singapore Startup Pitch, after it made its final pitch with two others at Marina Bay Sands Expo & Convention Centre as part of WiT Experience Week, its first-ever hybrid event. It also nabbed the People’s Choice Award, voted [...]
Taiwan-based travel startup KKday raises $75m in series C round to expand in Asia
Travel experiences platform KKday announced it has raised US$$75 million in a series C funding round led by Cool Japan Fund and Taiwan’s National Development Fund.
Existing investors Monk’s Hill Ventures and MindWorks Capital also participated in the round.
The company plans to use the fr [...]
WiT Experience Week, Rewind: We’re doing everything we can but it’s messy, “governments must act”
If there is one clear message I took away from hosting Day 1 of WiT Experience Week today, September 28, it is that every one of us is doing all we can to survive this Covid-19 storm but our fortunes (or misfortunes) lie in the hands of governments.
When asked the question in our audience pollin [...]
Klook goes Live! in latest sales and marketing salvo
Travel and leisure booking platform Klook has not wasted a lot of time since the pandemic hit sitting in board rooms deciding how to get through this crisis. Back in May, its COO and co-founder told WiT that it was developing product lines to address “a multi-stage recovery of travel” and it ha [...]
Radical Travello pivot nets social media gold, doubles followers to 3m
A radical pivot for travel networking and experiences app Travello has seen the company’s Facebook followers double to 3 million, while downloads have grown dramatically to reach more than one million in just five months since the company was forced to re-evaluate its business in the wake of CO [...]
