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Each week we round up travel startups that have recently received or announced funding. Please email Senior Travel Tech Editor Sean O Neill at
so@skift.com if you have funding news.
This week, travel startups announced more than $710 million in funding.
Oyo, the India-based startup running hospitality networks, raised $660 million from global institutional investors to pay off debt and invest in product technology. See Skift’s earlier story.
Kamil+, a hotel group in China whose brands offer “an immersive aestethic experience,” has closed a $20 million (130 million renminbi) seed round of funding in a mix of equity and debt investment from High Star Holding Group and banks.