ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
DealStreetAsia

Malaysia's travel tech Tourplus secures $1m amid pandemic

Startup focuses on domestic travelers as international travel bans bite

 A vendor tends his stall in Kuala Lumpur's Chinatown amid the coronavirus pandemic in August.   © Reuters

HANOI -- Malaysia-based travel tech company Tourplus has secured $1 million in seed funding from angel investor Jin Hui Wong, GT-MAX, SOSV Chinaccelerator and a number of other undisclosed investors, e27 reported on Oct. 29.

The proceeds will be used for product enhancement, marketing and finding new talent.

Founded in 2014 by Rickson Goh, Tourplus is an online travel marketplace for those who want to be assured of safety and not have to worry about language barriers. Tourplus helps travelers connect directly to local guides via its website and mobile app, and lets guides earn using the app.

It raised 500,000 Malaysian ringgit ($123,000) from an undisclosed investor in a 2018 pre-seed round.

Goh said the company has focused on product development, marketing and increasing the number of registered tour guides.

In a recent interview, Goh told DealStreetAsia that the company will focus on domestic tourism through 2021 amid COVID-induced international travel bans. "We are enhancing our business to target domestic travelers, offering location-based travel information through our app, which allows travelers to find places of interest, food and things to do, as well as prepare [an itinerary]," said Goh.

Tourplus's app will include a digital directory for merchants to list shops and products. It will also allow travelers to write reviews.

"Our investments continue to focus on building technology to capture more local travel data that allows businesses to understand new tourist behaviors," he said.

For the original story from DealStreetAsia, click here.

DealStreetAsia is a financial news site based in Singapore that focuses on private equity, venture capital and corporate investment activity in Asia, especially Southeast Asia, India and greater China. Nikkei owns a majority stake in the company.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends January 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more