25 Sep '12, 4am

Short-term rental site travelmob raises US$1M in seed funding via @e27sg

Short-term rental site travelmob raises US$1M in seed funding via @e27sg

Travelmob , a peer-to-peer home rental site launched back in July , has just announced that they have raised a total of US$1 million in seed funding. Co-founded by Turochas “T” Fuad and Prashant Kirtane, travelmob allows you to search and book short term rental stays around in Southeast Asia. T most recently served as the Managing Director for Skype Asia, responsible for its business expansion and partnerships across the Asia Pacific region. Prashant Kirtane, meanwhile, was the senior director of engineering at Yahoo!, and left to co-found the travel site. With the new funding by Jungle Ventures, travelmob is expected to further establish its presence around the region. “Our mission is to lead the social stay market in Asia Pacific and since launch, we’ve been making tremendous progress towards that goal. travelmob intends to use the capital from this seed round of funding...

Full article: http://e27.sg/2012/09/25/short-term-rental-site-travelmob...

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