KKday bags $75m in series C spherical to extend in Asia

KKday, a Taiwan-primarily based totally on-line platform for reserving excursion excursions and activities, introduced that it has raised US$seventy five million in a chain C investment spherical led via way of means of Cool Japan Fund and National Development Fund.

Existing traders Monk’s Hill Ventures and MindWorks Capital additionally participated withinside the spherical.The corporation plans to apply the sparkling price range to extend in Asia and globally in addition to to broaden a brand new answer referred to as Rezio for tour operators and pastime carriers.

KKday stated that Rezio has been followed via way of means of over three hundred carriers throughout the 2 pilot markets in six months and has served over 150,000 customers.

Despite Covid-19, the corporation maintains to extend with over five million customers on its platform, web website hosting over 30,000 eparticularly curated studies in over 550 towns in extra than ninety two countries, consistent with a statement.

Since May, KKday has been seeing a surge in call for for neighborhood studies in Japan, Taiwan, and Hong Kong.

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“The tours and activities ecosystem is fragmented, lacks standardization and digitalization. This represents both a huge challenge and [an] opportunity for us, especially during this crisis,” the company told Tech in Asia.

Series B++ spherical (2019): US$eleven million from Cool Japan Fund. Series B+ spherical (2018): undisclosed quantity led via way of means of Alibaba’s Entrepreneurs Fund and Line Ventures.

Series B spherical (2018): US$10 million led via way of means of HIS Group, with Mindworks Ventures returning to sign up for in.

Series A+ spherical (2016): US$7 million led via way of means of Monk’s Hill Ventures and AppWorks, at the side of Mindworks Ventures, Cathay Venture, and Substance Capital (HK).

Series A spherical (2016): US$4.5 million led via way of means of AppWorks Ventures, with participation via way of means of 91Capital