The SIG-backed hotel booking portal is set to raise up to $50m in a series B round that is being led by venture firm Qiming Venture Partners.
RedDoorz, a Singapore-based hotel booking platform backed by technology and trading firm Susquehanna International Group (SIG), is set to raise up to $50m in a series B round, DealStreetAsia reported yesterday.
The round is being led by China-based venture capital firm Qiming Venture Partners and will include new investors, RedDoorz founder and chief executive Amit Saberwal told the publication.
Founded in 2015, RedDoorz operates an online platform that allows travellers to book short-term budget accommodation in the Philippines, Singapore and Indonesia.…
