Thailand Based Eatigo Raised Funds From the Leading Travel Firm
The Southeast Asia based restaurant booking company Eatigo has raised a considerable amount of funds from its existing investor TripAdvisor. The funding amount has not been disclosed yet.
The other sources, however, claim that the funding amount was $9.5 million making the whole capital raised by the firm to about $25 million. The valuation of the company till now was $15.5 million and after the latest funding, it has raised.
The funds so raised will be utilized for the further expansion in markets “within Southeast Asia and beyond,” though the company’s “key focus remains within Asia.”
“TripAdvisor has been helpful in optimizing our efficiency, sharing best practices for organizational structures, and cooperating in the commercial field,” said Michael Cluzel, Eatigo co-founder and ...