Mystifly secures $8 Million in funding

Monday, 24 Mar, 2023 0

Airfare marketplace Mystifly has successfully concluded a Pre-Series B funding round.

With CSVP and earlier investments from RSI Fund I LLC, Jenfi, Crusade Partners, and others, it has brought the total funding raised in this round to $8 million.

The funding will support Mystifly’s growth and expansion efforts.

Mystifly was founded in 2009 and enables travel intermediaries to access airfares through its interface-driven technology.

It also offers airlines a distribution, payment reconciliation and settlement platform.

With the funding, Mystifly hopes to advance its data and tech capabilities including boosting its data and engineering team.

The leadership team consists of co-founders Rajeev Kumar and Bharat Goyal.

CEO of Mystifly, Rajeev Kumar said: “We are excited to welcome CSVP as an investor a as we expand Mystifly’s reach.”

“We’ve rebuilt the digital plumbing lines for airlines and intermediaries, enabling them to adapt to today’s e-commerce world.”

Mystifly was founded in Bangalore and is now headquartered in Singapore since 2015 with a growing workforce of 250+ people.

The company’s global customers include Priceline, American Express, Kiwi, MakeMyTrip, Agoda, Arrivia, and many more.

Learn more about : Mystifly ( Asia Pecific )

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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.

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