Airbnb China CEO joins Bangladeshi travel startup’s $2.6m round

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.