Virtual hotel operator receives RM16.76mil injection


(From left) CyberAgent Ventures vice-president Steven Vanada, Convergence Ventures managing partner Adrian Li and Avili at the signing ceremony in Jakarta, Indonesia.

GLOBAL Rooms Limited, the owner and operator of the Nida Rooms hotel reservation system, has secured an equity investment of US$4.2mil (RM16.76mil).

The financing was led by two Asian venture capital firms, Convergence Ventures and CyberAgent Ventures.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In News

Continuous rain expected in East Coast, Johor next week, says MetMalaysia
AI weather models have shown promise this hurricane season
Cop killing teen trial: Victim was riding friend's motorcycle, says witness
South Korea opposition leader convicted of violating election law, Yonhap reports
Nun wins Muhibbah Award for tireless efforts to help rural kids
Trailer menace: Cops nab driver of container lorry driver involved in crash
AI could help scale humanitarian responses. But it could also have big downsides
QuickCheck: Does TNB send SMSes to customers with overdue bills?
Australia’s plan to ban children from social media proves popular and problematic
Make Sarawak's remote Three Sisters Waterfall a nature reserve, says GPS rep

Others Also Read