KKday, a travel experiences platform in Asia, has secured additional funding in a Series C+ round, bringing the total Series C round raised to US$95 million. The round was led by major tech Asia private equity firm TGVest Capital.
The new funding will be used to expand KKday’s team globally, and deepen its domestic footprint, particularly in markets where there is a focus on domestic travel (eg. Japan, Korea, Taiwan, etc), and tech innovation to meet the increasing demands of online travel agencies (OTAs) and local activity and experience providers (local merchants).
KKday is rebounding swiftly due to growth in its domestic travel business, new business verticals, and successfully rolling out rezio, an all-in-one SaaS solution to manage bookings and inventory for merchants on multiple channels, to over 1,600 merchants worldwide – reaching 2.7 million travellers globally. To meet this demand, KKday also plans to double down and aggressively hire across regions and roles including software engineers, R&D, business development and operations, and marketing.