Sometimes you come across a startup that is not a new idea, but still represents inovation. A good example of this is the website travelmob.
travelmob is a local version of Airbnb, however the properties on offer are in the Asia Pacific area. It today anounced it has secured US$1 million seed investment.
Turochas Fuad, CEO and co-founder of travelmob said, “In raising this seed round of funding, we sought investors who would not only be a good fit but can also add value to travelmob’s growth. Our mission is to lead the social stay market in Asia Pacific and since launch, we’ve been making tremendous progress towards that goal. travelmob is delighted to have Jungle Ventures lead this round of funding and look forward to working with our investors to drive further growth and expansion across the region.”
Anurag Srivastava, Founder and Managing Partner of Jungle Ventures said, “We are excited to lead in this round of funding. Asia Pacific is the fastest growing region for tourism and the region’s online vacation rental market is set to soar over the next few years. travelmob is in the right place, at the right time. Coupled with a solid business plan and a seasoned team with strong regional experience, travelmob has the right ingredients to be successful and is well poised to be a market leader.”
travelmob differentiate itself by:
- offering a specific focus on Asia Pacific accommodation.
- Travellers today are increasingly looking for authentic experiences. travelmob’s “Social stays” connect travellers with local people who provide local accommodation and hospitality.
- travelmob facilitates the booking process for Guests and Hosts via a safe messaging platform. Payments are timely and secure.
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