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GetYourGuide receives investment of US$194 million.

GetYourGuide receives investment of US$194 million.

Few things are as thrilling as the times of discovery. Making connections with a new location and enjoying amazing experiences with friends and loved ones results in priceless memories that we will always look back on with nostalgia. GetYourGuide has been in the business of assisting more individuals in obtaining remarkable experiences ever since their early beginnings in 2009.

In the first ten years of their existence, they have developed from a little start-up with a big idea to a large company serving millions of adventure seekers in numerous areas. The COVID-19 pandemic then fundamentally altered them, preventing tourists from experiencing the globe.

Whereas others gave up, they saw a rare chance to strengthen the company’s basis and return as a bigger and stronger organization. Travelers from all over the world have rushed to GetYourGuide and booked with them at a magnitude and regularity that has never been seen before since the lockdowns were lifted. The experience economy is currently the focus of discussion and one of the most interesting future sectors. The CEO and co-founder Johannes Reck continues, “We have raised US$194 Million in fresh capital. The Series F fundraising round, worth USD 85 million, is led by Blue Pool Capital, with KKR and Temasek also participating. In addition, BNP Paribas, Citibank, and KfW joined UniCredit in leading the Revolving Credit Facility (RCF) of USD 109 million.

With this additional capital, businesses can quicken innovation in the development of their products and technologies, guaranteeing that they meet and exceed the expectations of their clients while streamlining business growth for their supplier partners.
Source- travel daily

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