Travel
Velocity Ventures launches $20M fund for SEA startups in travel and hospitality industry
Acknowledging the expansive impact COVID-19 has brought upon Southeast Asia’s tourism sector, Velocity Ventures, a venture capital firm based in Singapore that specializes in the…
Fighting for survival, Southeast Asia’s Traveloka gets a funding lifeline
Traveloka, battered by the pandemic, has secured a much-needed investment worth $250 million, it said today. The eight-year-old pan-Southeast Asian travel-booking startup isn’t…
Oyo, RedDoorz put staff on unpaid leave as tourism grinds to a halt
Oyo and RedDoorz, two major startups that gather together independent hotels into an app, are putting significant numbers of their staff on unpaid leaves of absence as the…
