Kul Bhushan · · 1 min readWavemaker-backed GoZayaan buys 🇵🇰 traveltech startup
GoZayaan, a Bangladesh-based online travel aggregator, has made its first foray into Pakistan by acquiring traveltech firm FindMyAdventure for an undisclosed sum.
The GoZayaan team / Photo credit: GoZayaan
Founded in 2016, FindMyAdventure specializes in adventure tours and works with more than 150 tour operators in Pakistan.
In a statement, GoZayaan said that one of the primary reasons for acquiring FindMyAdventure was the similarities between Bangladesh and Pakistan in terms of geography, internet penetration, and travel landscape.
“This arrangement also supports the collective ability of FindMyAdventure and GoZayaan to improve the region’s travel and tourism infrastructure with rapid technology adoption and improved access to travel,” the company added.
The deal comes after GoZayaan raised an undisclosed sum in January from Nordstar Partners, DST Global Partner Saurabh Gupta, and Payback founder Alexander Rittweger.
In September 2021, GoZayaan got US$2.6 million in a seed round led by Wavemaker Partners. Other investors included Ratio Ventures, 1982 VC, Iterative, and Century Oak Capital. Prior to this, the firm raised an undisclosed sum in a pre-seed round from Brac Osiris Impact Ventures.
GoZayaan was founded in 2017 by Ridwan Hafiz, co-founder of Bangladesh-based digital marketing agency Analyzen.
See also: Why Bangladesh’s rising star has big-name VCs hooked
Editing by Collin Furtado and Eileen C. Ang
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