South Korea’s MyRealTrip gets US$6mil investment to step up expansion
MyRealTrip, South Korea’s leading tour and activity platform, has received ₩7 billion (US$6.2 million) investment from five VCs, bringing its total funding to ₩12.3 billion (US$10.9 million).
The new investors are SmileGate Investment, Altos Ventures, Imm Investment, Mirae Asset-Naver Fund [...]
Thought leaders, disruptors to gather in Singapore for travel forum sharing ideas on Better Travel
In less than two weeks, the bigwigs of the travel industry and up-and-coming disruptors will gather in Singapore for a three-day conference to cultivate ideas and ponder new ways to improve the travel experience.
Some 500 delegates are expected to attend the conference that will run from [...]
Wego’s Ross Veitch on getting the timing right for Middle East and marketplace ambitions
He may have been too early for Singapore as well as Indonesia – indeed South-east Asia in general – but Ross Veitch, CEO and co-founder of Wego, believes he’s finally hit the right timing in the Middle East.
“We probably went into emerging markets too early,” he said. “We thought they [...]
Union pushback: Tough lessons learnt on MyCape’s startup journey
Coalescing his early experiences flying on standby as a child of airline executives with his understanding of challenges facing airlines managing perishable products, and then his engineering and enterprise technology knowledge, Lyle Jover set himself on a mission – to help full-service carriers c [...]
From idea to enterprise product, from WIT to New York
When Lyle Jover, co-founder and CEO of MyCape submitted his entry for a shot at the grand prize offered by WIT Startup Pitch last year, MyCape was “barely an idea”. A year later, it is now a “full-blown product, enterprise grade and has a great product fit with airline”.
MyCape is a socia [...]
Huge incumbents in travel are hard to dislodge but Bao Bean sees opportunities around solving specific problems
William Bao Bean, general partner at SOSV, named the world’s most active seed investor by TechCrunch Crunchbase, has his eye on travel but is aware that the potential for new technology to really disrupt the industry is hard.
“Travel is a closed insular industry, there’s a lot of histor [...]
Wego secures new funding for expansion in the Middle East
Online travel marketplace Wego has picked up more investment, this time from Middle East Venture Partners (MEVP) in exchange for an equity ownership.
The equity stake and the financial terms of the deal were not disclosed by both companies.
MEVP is a leading venture capital firm in the Middle [...]
Writing about failures taught him, “be a person of character, not a personality”
My first question to Vincent Ng, the co-author of “Why You Should Fail”, was, of course, “have you failed?” To which his eyes lit up with glee and he said, “Yes.”
“I’ve been doing entrepreneur things since I was 16,” he said proudly. “I sold candy to my schoolmates. The money [...]
From Scottish herring to unicorn: 12 lessons from Gareth Williams’ Skyscanner journey
Gareth Williams and his two co-founders, Barry Smith and Bonamy Grimes, built the first prototype for Skyscanner in 2001/2002 in the docks area of Edinburgh and launched it in 2003. That means almost a 15-year journey before it was acquired by Ctrip for US$1.7 billion last November, proving there’ [...]
Kurdas’ own journey takes root – from football to travel
In the course of empowering women in Australian Rules Football, ex-ARF player Chyloe (pronounced shy-lo) Kurdas, may have also found a calling to empower young people going through life’s transitions.
Combining that with her passion for travel, Kurdas has launched a new travel venture – Own J [...]
