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HolidayIQ Merges With WeGo; Raises Funding From Tiger Global

Travel information co HolidayIQ, has announced the merger of its operations with WeGo Pte Ltd, a Singapore based travel meta search engine. WeGo isn’t new to India: it was previously known as Bezurk, and had initially partnered with Web18’s In.com, to power their airline and hotel search.

The combined entity has also raised a Series B round of funding led by growth capital fund Tiger Global. HolidayIQ was begun in 2004 as “India Resorts Survey”, and was funded by a group of investors including HCL co-founder DS Puri, Accel Partners; subsequently, in 2007, the Times of India group acquired 17% in HolidayIQ, through a private treaties (ads-for-equity) investment. The announcement is surprisingly short on details of what’s planned. In 2007, after the Times of India group had invested in HolidayIQ, founder Hair Nair had said that “Now, the stage is set for initiatives across multiple media channels – mobile, books, magazines, TV shows etc”. Haven’t seen much of that over the last three years.

WeGo, founded in 2005 by former executives from Intercontinental Hotels Group, Yahoo!, Priceline and ZUJIhad had previously raised its Series A round of funding from News Digital Media, the Australian digital arm of News Limited and part of News Corp.

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