Chinese flight meta iGola raises $19 million
By cameron in Uncategorized
International flight metasearch engine iGola has raised RMB 130 million ($18.7 million) in its series A+ funding round.
The round was led by Rich Land Capital and followed by Qian Heng Capital, a wholly-owned subsidiary of GF Securities.
The Guangzhou-based business was founded in 2014 and helps users choose from over 100 million flight combinations by accessing data of more than 36 million flights all year round from thousands of domestic and overseas airlines, dozens of big OTAs and over 4,000 airports.
The company also provides assisted booking service for its partners so that users can complete booking directly on the platform, rather than redirecting to a third-party platform, and no service fee is required.
iGola supports multi-languages and multi-currency payment, thus solving problems related to communication and foreign credit card payment. Chinese users can search for flight tickets on the Chinese website and choose to pay via WeChat or domestic bank cards while overseas users may pay through Paypal.
NB This story originally appeared on China Travel News and is republished with permission as part of a content partnership.