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Roehl Niño Bautista · · 1 min readAirbnb China CEO joins Bangladeshi travel startup’s $2.6m round
“Go Zayaan, an online travel agency (OTA) startup in Bangladesh, has raised US$2.6 million in a seed round led by Wavemaker Partners,” reported e27, citing sources.
Details:
- 1982 Ventures and Iterative also joined the round along with Kum Hong Siew, CEO of Airbnb China, and JJ Chai, former Airbnb Asia-Pacific managing director.
- Go Zayaan’s will use the fresh funds for improving user experience, acquiring talent, and expanding its services.
Dive deeper:
- The startup, which engages with a network of airline, accommodation, transportation, and tour operators for simplified travel services, is part of Singapore-based accelerator Iterative’s winter 2021 cohort.
- Travel spending in Bangladesh dropped due to the Covid-19 pandemic, with travel and tourism’s contribution to the country’s gross domestic product falling 32.9% in 2020.
Editing by Collin Furtado and Arpit Nayak
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