By Jon Russell
Travelstop is a new startup in Singapore that aims to bring the benefits of business travel management to SMEs and other smaller companies in Southeast Asia.
The company launched its product today after being founded in November 2017 by three entrepreneurs who worked at TravelMob, the Singapore startup bought by HomeAway in 2013. Prior to TravelMob, the trio — Prashant Kirtane (CEO), Vijay Aggarwal (CTO) and Altaf Dhamani (CPO) — worked together at Yahoo Southeast Asia. They all moved over to HomeAway, which was later bought by Expedia for $3.9 billion in 2015 and Travelstop is their first independent venture following that spell.
That’s a huge amount of experience for a newly-formed startup in Southeast Asia, and already it has assembled a team of 12 with more vacancies open.
Kirtane told TechCrunch in an interview that 90 percent of business travel in Asia is unmanaged. That’s surprising since the region accounts for 40 percent of the $1.2 trillion global business travel market. He said that he and his co-founders can also recall the pain of unmanaged or rigid travel and expense systems and are vowing to solve it with Travelstop.
The focus is on simplicity — Kirtane said Slack …read more
Source: Tech Crunch