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Travilege

Travilege Manama, Bahrain

Equity
Amount Raised
$2,200.000
Goal
$50,000.000
5% Investments
44 Days Left
6% Complete (success)

This Campaign is open for both accredited & no-accredited Investors.

$100.000 Price Per Share
478 Available Shares
N/A

Travilege

Travilege Manama, Bahrain

Raise Details

Fixed Investing This Campaign started on January 14, 2024 and will close on April 15, 2024, 9:00 pm.
(UTC/GMT 15 Apr,2024 21:00 pm)
  • Campaign Deal Type
    Equity
  • Investing Goal
    $50,000.000
  • Current Reservations
    $2,200.000
  • Minimum Reservation
    $100.000
  • Start Date
    01-17-2024
  • Closing Date
    04-16-2024

Elevator Pitch

B2B2C SaaS management software for travel offices, tour operators and organizers to manage and digitize daily operations and reservations

Cap Table

Sr. NO Investor Name Pre-investment (%) Post-investment (%)
1 Salman Al Marzooq 100.000 86.660
2 TV show investor(s) 0.000 6.670
3 Incoming investor(s) 0.000 6.670

Company Overview

Travilege is a B2B2C SaaS management software for travel offices, tour operators and organizers to manage and digitize daily operations and reservations.                                                                                                                                                                                                                                                            

Travilege is an online platform that connects travel offices, tour operators, swimming pools, leisure centers, and attractions in one place. It offers an ERP solution for managing daily operations, group packages, and tours. It also provides a booking solution that makes it easy for customers to book travel and activities.

Benefits:

The platform offers a streamlined and efficient way to manage daily operations and bookings, reducing costs and saving time. It allows customers to create customized group packages, attractions and tours that meet the needs and preferences of travelers. Travilege enhances the traveler experience through personalized service and tailored recommendations.

 Features:

  • ERP solution for managing daily operations, group packages, and tours.
  • Booking solution for easy and convenient booking of travel and activities
  • Access to a wide range of travel and activity options in one place.
  • Personalized support and quick response times to inquiries or issues.

Experience:

  • Customers using Travilege can expect a user-friendly platform that is easy to navigate and provides quick access to the tools they need. They will receive personalized support and quick response times to any inquiries or issues.
  • Customers using OnePoint ERP can expects full control on daily operation and a user-friendly and secure solution.
  • The platform is continuously updated and improved to ensure it is meeting the evolving needs of customers.

Customer Segment:

  • Travel agencies
  • Tour operators
  • Swimming pools
  • Attractions.
  • Accommodations.
  • Travelers.

Use of Funds

  • Expansion to Oman (35%): Office setup and hiring of a senior sales manager.
  • Hiring  (35%): Hiring of two senior developers for the integration with IATA agents. Hiring of two senior developers for the integration with IATA** agents.
  • SABRE Fee (15%): Partnership fees with SABRE and its integration on the portal. Sabre is a leading technology company and one of the world's top three Global Distribution Systems (GDS), providing innovative solutions for the travel industry.
  • CAPEX (10%): Purchase of IT equipment including computers and printers.
  • Product development (5%):  Development of a learning portal for travel agencies.

Growth plan

1. White-Label Services (Q4 2023): By Q4 2023, Travilege will introduce innovative white-label website and mobile application services. These offerings diversify our revenue streams and bolster our market position, making us the preferred choice for businesses seeking enhanced travel solutions in the Middle East. 

2. Expansion to Oman (Jan 2024): Travilege will establish a representative office in Oman to tap into its promising tourism potential. This strategic move positions us as a leading travel technology service provider in the region, fostering long-term success and market dominance.

 3. Partnership with SABRE (Q1 2024) Targeting Q1 2024, our strategic partnership with SABRE, a global travel technology leader, unlocks new avenues to attract IATA certified agents to our platform, significantly expanding our market reach and reinforcing our commitment to delivering top-notch travel solutions worldwide. 

4. Strategic Partner for Saudi Arabia: To seize abundant opportunities in Saudi Arabia's booming tourism sector, we are actively seeking a local strategic partner to expedite our market entry. With the Saudi Vision for 2030 aiming to attract 100 million visitors, a partnership will grant us a competitive edge.

Connect with Company

Leadership

Salman Almarzooq

The leader

Founder & CEO

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