Asia-Pacific technology and distribution platform GlobalTix has secured S$3m (£1.6m/€1.9m/$2.3m) of funding from Tin Men Capital and SEEDS Capital, the investment arm of Enterprise Singapore.
The investment will help GlobalTix meet increased demand for digitalisation by attractions and tour operators in the post-COVID era of travel, including contactless entry and capacity management.
The firm, which has offices in Singapore, Thailand and Malaysia, will also use the cash injection to expand its footprint in the Asia-Pacific region.
Chan Chee Chong, chief executive of GlobalTix, said: “GlobalTix is seeing strong interest from our travel partners for solutions to digitalise and comply with regulations such as safe distancing via contactless entry and capacity management.
“These same partners have seen clear benefits of this digitalisation effort and now engage GlobalTix to provide tech solutions that can further streamline their operations and improve their distribution capability.
“To date, we are working closely with internationally recognised names such as Gardens by the Bay and Wildlife Reserves Singapore, Borobudur Temple in Indonesia and Hoi An Ancient Village in Vietnam to help them operate and thrive in the new normal.
“GlobalTix is quickly expanding from its original value proposition primarily as a Channel Manager with an extensive marketplace to become the leading technology solutions provider in Asia-Pacific.”
The firm, which is one of the five booking platforms engaged by the Singapore Tourism Board to handle redemptions under the S$320m SingapoRediscovers Vouchers scheme to boost domestic tourism, last raised S$12.5m in a Series A round led by Tin Men Capital in 2018.
Benjamin Tan, co-founder of Tin Men Capital added: “In the last two years, we have seen GlobalTix weather the pandemic and are very pleased to see the inroads made by the business in the solutions space.
“We are excited by the opportunity it presents. We are confident that this additional investment together with SEEDS Capital will propel GlobalTix further into Asia and cement their position as the leading tech player in the tours and attractions space.”
Image: GlobalTix
Share this