No Borders Investments Ltd (Qatar) Makes Series B Investment in Voopter, Brazil's Largest Airline Ticket Search Engine
DOHA, Qatar, March 19, 2017 /PRNewswire/ -- After reaching the mark of two million users per month to become the largest flight metasearch engine in Brazil, No Borders Investments ("NBI") announces a substantive investment in Voopter with co-investor Travel Capitalist Ventures.
The "Series B " comes from No Borders Investments, a Doha-headquartered private investment firm making $1M to $100M USD investments in market leaders around the world. Current investments include government bonds, EU-based property funds spanning the Champs-Élysées in Paris; Zurich and Geneva, Switzerland; and Mayfair, London. NBI also has direct investments in Newport Beach, California, US-based Content Market (former CEO of Virgin Charter, part of the Virgin Group of Companies), and Bangalore, India-based JetSmart.
According to Mr. Abdulla Khalid, CEO and Managing Partner at No Borders Investments, "Investments in Brazil, South Africa and India allow us to diversify investments across asset class and geography while adhering to our core investment thesis. I look forward to announcing our other investments in late Q3 of this year."
No Borders Investments adds to funding from Global Founders Capital (GFC), a German venture capital company that trains talented entrepreneurs globally. This is GFC's second investment in the Brazilian flight search startup.
Voopter's unique offerings are geared to Brazilian consumers, who prefer to receive personalized promotional information and to plan trips in advance. Voopter provides tools adapted to this traveler profile such as a multi-dates calendar, collaborative alert system and curated content.
"This investment will help us to speed up our growth in the Brazilian market, where Voopter is already the leading metasearch," says Pettersom Paiva, CEO of Voopter. "But there is still great potential for growth. It will also back the launch of our 'media' and 'data' divisions, which will consolidate our offers for other travel business than airlines and OTA's."
About No Borders Investments
Founded in 2014, No Borders Investments is a Doha based investment firm making $1M to $100M investments in high growth companies and Funds in the Middle East, India, the United States and EU. More information can be found at www.nobordersinvestments.com.
About Voopter
Voopter is the leading flight metasearch in Brazil, with more than two million users and 250,000 cross tickets per month. The company presents the best fares available both through airlines and online travel agencies. Available at no cost on the web, and on iOS and Android systems, it features a unique multi-dates calendar, while the system shows users the cheapest trip combination. In addition, Voopter offers users the option to create alerts, which generates notifications when the ticket price is within the range the user is willing to pay. More information can be found at www.voopter.com.br.
Contact:
Florence Yaeger
Communications Director
Travel Capitalist Ventures
+1 720.985.1450
fyaeger@travelcapitalist.com
www.travelcapitalist.com
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