Corporates go through RedDoorz in $45m series B

Jul 30, 2019 • Jack Hammond

MCN Group joined existing investor SIG in the hotel booking platform's series B round, which was co-led by Qiming Venture Partners and Jungle Ventures.

Singapore-based online hotel booking platform RedDoorz has secured $45m in a series B round featuring quantitative trading firm Susquehanna International Group (SIG) and media company Media Nusantara Citra, PhocusWire reported on Sunday.

Venture capital firms Qiming Venture Partners and Jungle Ventures co-led the round, which included Hendale Capital, International Finance Corporation (IFC) and unnamed existing investors.

RedDoorz’s online platform enables people to book short-term accommodation in more than 80 cities across Singapore, the Philippines, Vietnam and Indonesia. It also operates…

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