Go Zayaan, the largest online travel agency in Bangladesh, recently raised $2.6 million in seed funding led by Wavemaker Partners to enhance its services and expand its market presence in the evolving travel industry.
Information on the Target
Go Zayaan, a portfolio company of 1982 Ventures, is revolutionizing the online travel landscape in South Asia, particularly in Bangladesh. Founded in August 2017 by avid traveler Ridwan Hafiz, the platform aims to empower customers with control over their travel arrangements, a stark contrast to the limitations faced when using conventional travel agencies in the region.
The company recently secured $2.6 million in seed funding, which it intends to utilize for enhancing its offerings and user experience. By providing a comprehensive online platform, Go Zayaan stands out as the largest online travel agency (OTA) in Bangladesh, offering a diverse range of services from flight and hotel bookings to tour packages and intercity transportation.
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Industry Overview in Bangladesh
The travel industry in Bangladesh faces unique challenges, as it remains relatively underdeveloped compared to its neighbors, such as India. Traditionally, the travel agency market has relied heavily on
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Wavemaker Partners
invested in
Go Zayaan
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $3M