5 months Startup RedDoorz raises $115-M funding Manilatimes |Biz
RedDoorz, Southeast Asia’s largest and fastest-growing hotel management and booking platform, announced today it raised $70 million as first close of a larger Series C funding. Leading the round is Asia Partners, a Singapore-based growth equity firm founded by senior executives with an exceptional track record in scaling multibillion tech companies (Sea, Naspers and Bukalapak) globally and across the region. RedDoorz is the first portfolio company of Asia Partners, which focuses on growth-stage investments in technology and technology-enabled companies in Southeast Asia. Two other leading funds, Rakuten Capital and Mirae Asset-Naver Asia Growth Fund, joined the round. Existing investors Qiming ... more