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Saturday, May 4, 2024

Thailand OTA Kasikorn gets $25M, rebrands to Gother

Thailand’s Kasikorn Bank has invested $25 million for a majority stake in Traveligo, a Thailand domestic online travel agency founded in 2015 by Anupong Kriangkrailipikorn and which will be rebranded to Gother.

The news, announced at the first K Travel Tech Summit, organized by the Korea Tourism Organization and held in conjunction with WiT Seoul on Wednesday, will see the domestic online travel agency expand its services overseas, enabling Thai travelers to buy travel in destinations outside Thailand. Currently, its business is purely domestic – Thai travelers traveling within their own country.

As part of its rebranding and expansion, Traveligo will partner with TakeMeTour, an online marketplace for tours and activities in Thailand. Co-founder and CEO Taro Amornched, who founded TakeMeTour also in 2015, said this was a significant moment…

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