Wego.com and HolidayIQ.com Announce Merger; Close Series B Funding Round
November 16th, 2010Wego Pte Ltd, operators of the Singapore based travel search engine www.wego.com, and Leisure & Lifestyle Information Services Pvt Ltd, operators of the Indian travel content and community site www.holidayiq.com announce a merger of their operations.
The combined entity has also completed a Series B funding round led by Tiger Global, the New York based growth capital fund.
About Wego:
Wego.com allows travelers to search for flights, hotels, packages, travel deals and travel research across 150+ travel websites in the time that it normally takes to search just one. Wego searches travel websites in real-time so that the latest pricing and availability are shown. Travelers are then linked through to partner websites to book. Wego.com was founded in 2005 by former executives from Intercontinental Hotels Group (NYSE: IHG), Yahoo! (NASDAQ: YHOO), Priceline (NASDAQ: PCLN) and ZUJI. News Digital Media, the Australian digital arm of News Limited and part of News Corp (NYSE: NWS), provided Series A funding and remains an investor. For more information, please visit http://www.wego.com/about
About HolidayIQ:
HolidayIQ.com, based in Bangalore, India started operations in 2004. The website of the community, www.HolidayIQ.com, is the leading repository of information and content on vacationing in India and is in the process of expanding its coverage to international destinations for the benefit for India’s outbound travelers. HolidayIQ was founded by Hari Nair, a former partner of KPMG India.
For more information, please visit http://www.holidayiq.com/aboutus.php
Contacts:
Martin Symes, CEO Wego
martin@wego.com
Hari Nair, CEO HolidayIQ
hari@holidayiq.com