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Zuzu Hospitality's increased focus on expanding its operations in India suggests that the emergence of the country as a prominent player in the travel industry is not lost out on companies.
Zuzu Hospitality Solutions, a Singapore-headquartered revenue platform provider for independent hotels, announced the completion of a $9 million Series-B round of funding.
With the support of this funding round, the travel tech startup has set ambitious goals to double its partner count with a keen focus on India.
“The $9 million funding is sufficient capital for us to support our growth for the next three years, allowing us to execute our strategies effectively and get to the scale we want,” Founder and CEO, Vikram Malhi said exclusively to Skift.
SoftBank Ventures Asia led the funding round, with participation from Atinum Partners and existing investors Wooshin Venture Investment, Visor Ventures, and JG Digital Capital.
This is the largest funding round for the startup founded in 2016, which before this had raised a total of $6.7 million.
Ambitious Goals to Double Partner CountThe substantial fi