Vietnam-based travel and accommodation booking marketplace in Southeast Asia VLeisure has raised an undisclosed amount of investment led by South Korean early-stage investor BonAngels Venture Partners, as reported by Deal Street Asia. In this round, Nextrans of South Korea and VIC of Vietnam also participated.
Reportedly, this funding puts VLeisure’ valuation at US$4 million.
The funding will allow VLeisure to focus on growth acceleration in its current focus markets, as well as expansion to new ones.
VLeisure was founded in 2013 by Phan Le with a mission to provide a platform that enables agencies to manage and distribute travel products and services to online partners. To date, the company has partnered with 3,000 agencies.
For VLeisure, the next move would be providing services in Indochina Hotels targeting the Chinese and Korean markets.
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