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Travelstart raises an undisclosed funding round from HarbourVest for expansion

Milcah Lukhanyu by Milcah Lukhanyu
2 years ago
in Startups
2 min read
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Travelstart, a Cape Town-based online travel company has announced a new partnership with global private markets investment firm HarbourVest, with $58 billion under asset management, who will become a significant funding partner for the company.

HarbourVest will support Travelstart’s further expansion in geographies and growth in new verticals in the continents $194 billion tourism and travel market.

“The partnership with HarbourVest is a confirmation of the future opportunity in online travel in this continent, our business and our team,” says Stephan Ekbergh, founder and CEO of Travelstart. “We are very excited to have them on board.”

The investment comes on the back of MTNs Asset Realisation Program. MTN and Travelstart will continue its commercial relationship.

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Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

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