Last-minute hotel booking service IN2NITE raises $2.8 million
Singapore-based same day and mobile-based hotel booking service IN2NITE has raised $2.8 million funding led by IDG Ventures and a number of other regional investors.
N2NITE says it will use the fund to expand its service in Asian countries. The company currently has a presence in Singapore, Malaysia, Indonesia, Thailand, Vietnam and Hong Kong.
Founded in 2013, the company focuses on selling the unsold hotel rooms via its mobile apps that are available for iOS, Android and Blackberry platforms.
Founder and CEO, Arne Dettki, says:
“We are extremely pleased to have these investors partner with us as they provide both financial capital, and extensive commitment to value add through operational support and resources in the region.”