Etraveli says it operates in more than 50 markets and has seen an annual growth rate of more than 30% since 2014.
The two airlines are members of the SkyTeam alliance and formed a joint venture last year that includes 290 U.S. destinations and over 80 in Asia.
The company aims to sign 25% of the major companies in the country and have one million properties on its books by the end of 2019.
Duffel will launch a B2B offering, allowing individual travel agents at large online travel companies and tour operators to offer a “seamless travel experience” to their end customers.
In order to modernize that industry, Fairjungle is leveraging the inventory of Skyscanner, Booking.com, Amadeus, Travelfusion and Hotelbeds.
The company was targeting a valuation of £1.5b through the IPO, which is expected to be one of the biggest in the UK this year.
This investment for Cendyn will enable the business to further scale and innovate its solutions for the hospitality industry.
LvYue is taking the long-term lease route to establish its initial footprint in India, it will also explore a combination of management contracts and franchise agreements to expand the network later.
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