Airfare marketplace Mystifly has successfully concluded a Pre-Series B funding round.
With CSVP and earlier investments from RSI Fund I LLC, Jenfi, Crusade Partners, and others, it has brought the total funding raised in this round to $8 million.
The funding will support Mystifly’s growth and expansion efforts.
Mystifly was founded in 2009 and enables travel intermediaries to access airfares through its interface-driven technology.
It also offers airlines a distribution, payment reconciliation and settlement platform.
With the funding, Mystifly hopes to advance its data and tech capabilities including boosting its data and engineering team.
The leadership team consists of co-founders Rajeev Kumar and Bharat Goyal.
CEO of Mystifly, Rajeev Kumar said: “We are excited to welcome CSVP as an investor a as we expand Mystifly’s reach.”
“We’ve rebuilt the digital plumbing lines for airlines and intermediaries, enabling them to adapt to today’s e-commerce world.”
Mystifly was founded in Bangalore and is now headquartered in Singapore since 2015 with a growing workforce of 250+ people.
The company’s global customers include Priceline, American Express, Kiwi, MakeMyTrip, Agoda, Arrivia, and many more.
