VC Fund Investments
Airfare marketplace Mystifly raises $8-M
Singapore- and Bengaluru-based travel tech platform Mystifly has raised funding from Cornerstone Venture Partners (CSVP), which brings the total capital raised in the pre-Series B round to USD 8 million. The round includes earlier investments from RSI Fund I. LLC (a unit of Japan-based Recruit Strategic Partners) and other investors. Founded by Rajeev Kumar and Bharat Goyal, Mystifly offers a full-stack API platform to travel businesses and for e-commerce and travel intermediaries. The new funds will be used to extend the market reach of its software-as-a-service (SaaS) products and services. In July 2020, Mystifly had raised USD 3.3 million in a pre-Series B round of funding from existing investor Recruit.
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