The future of independent hospitality is being reshaped, and ZUZU Hospitality is leading the charge.
We are delighted to announce that ZUZU Hospitality, a Velocity Ventures portfolio company, has secured US$5.9 million in a Series B-Extension round, with participation from long-time backers Wavemaker Growth, Vulpes Ventures, Velocity Ventures, and new investor Latin Leap.
Founded in 2017 by Vikram Malhi, a former Expedia executive, ZUZU has established itself as Southeast Asia and India’s largest revenue management and distribution platform for independent hotels.
This latest round of funding will accelerate the development and rollout of RevMate, ZUZU’s proprietary AI-powered revenue management platform, and expand its reach to thousands of hotels across the region.
