Home > Online > Wego picks up more funding from another new Middle East investor

Wego picks up more funding from another new Middle East investor

09/19/2017| 11:06:49 AM| 中文

Wego has picked up more funding from another Middle East venture firm after raising $12 million from MBC last month. The company looks to expand its metasearch model across the region.

Wego.com has picked up more funding from another Middle East venture firm as it looks to expand its metasearch model across the region.

Its latest round brings Middle East Venture Partners on board. MEVP looks at early and growth stages of innovative companies and has $120 million of assets under management.

The amount raised is undisclosed. This August Wego picked up a reported $12 millionfrom MBC, one of the Middle East’s leading media groups. MBC has also taken part in the current round and has a number of other joint investments with MEVP.

Wego is a metasearch site which launched in Singapore in 2005 is now dual-headquartered in Dubai with offices in India (Bangalore) and Indonesia (Jakarta).

Other investors include Tiger Global Management, Crescent Point Group and Square Peg Capital.

Read original article

TAGS: Wego | OTA | MEVP | MBC | online travel
©2017 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!