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HappyEasyGo raises new funding from existing shareholders

GURGAON, India, May 23, 2022 /PRNewswire/ — HappyEasyGo, a fast-growing online travel agency (OTA Platform), currently invested by Samsung Venture Investment, Korea Investment Partners Co. Ltd., M&S Partners Pte. Ltd., CVC Capital Partners, and UOB Venture Management, has raised new funding from its existing shareholders.

The funding is backed by the encouraging business trends in the travel industry in the Indian market. Recently, there has been an industry-wide spike in air ticketing and hotel booking volumes.
According to a recent press release published by IATA, in 2021, overall traveller numbers were 47% of 2019 levels. This is expected to improve to 83% in 2022 and 111% in 2025.
 IATA’s suggested extrapolation of travel trends is very promising for all OTA players in the air travel segment. The international traveller numbers are also expected to increase exponentially over the next few years. (Source: https://www.iata.org/en/pressroom/2022-releases/2022-03-01-01/)
Also, Statista published a report in which the Indian hotel booking segment is projected to reach US$5.4bn by the end of 2022. The market is expected to grow at a CAGR of 8.8% during 2022-2026, resulting in a projected market size of US$7.6bn by 2026. 
As per the ReAnIn report, the global hospitality industry was valued at US$ 823.6 bn in 2021 and is projected to reach US$ 1,605.6 bn by 2028, representing a CAGR of 11.2%. (Source: https://www.reanin.com/report-store/global-hospitality-industry-market)
Building a correlation with the above insights, HappyEasyGo has also witnessed the market shift in its growth trends and key business indicators with the help of its attractive product offering. 
HappyEasyGo’s ‘Lowest Fare Guarantee’ assures its customers the lowest price on domestic flight bookings or a 300% refund up to INR 5,000*. 
In addition, recently, HEG launched a ‘HIGH FLYER’ offer for their travellers through which they can now avail a flight offer discount of Flat 12% up to INR 1,300 valid till 30th June, 2022. They need to apply the coupon code ‘HEG12D’on  the checkout page on the HappyEasyGo website/app. Also, the coupon code for hotel bookings is ‘HEG12D’, which offers an 8% discount up to INR 2,000.
Considering the above offers, policies and the other strategies implemented during COVID, compared to 2020, the company’s GTV increased by 35% in 2021. Furthermore, leveraging the Proprietary Bidding System enables the company to optimize costs and maximize revenue; the Gross Revenue increased by 75% during the same period.
“We continue to accelerate growth and witness a spike in the travel sector post the third wave of COVID-19 in India and are very optimistic about the trends in the coming year. Our sustained focus is on achieving our long-term air ticket and hotel booking business goals around creating delightful travel memories and experiences for our travellers.”
“We are committed to controlling the service quality and ensuring a smooth travel experience throughout the travel journey for consumers. We aspire to offer the ‘Lowest Fares Guarantee’ to help our customers save the time they would otherwise spend comparing prices on other portals and invest in planning their overall travel experience more efficiently.”
“We want to make travel affordable for all so that the money our customers save by booking through us can be spent elsewhere to make their overall travel experience enjoyable.”
“The travel sector in India has never-ending possibilities in the times to come, and we are preparing to play a significant role in the same. After this round of funding, we want to gain back the momentum and gear up to cross the pre-Covid levels and go way beyond,” added Boris Zha, Founder and CEO, HappyEasyGo. 
About HappyEasyGo
HAPPYEASYGO embarked on its journey in the Indian travel industry in 2017, bringing affordable flight booking solutions for Indian business and leisure travellers. After witnessing rapid growth in the flight booking space, the company forayed into the hotel booking genre to add to the convenience of its customers and help them save more while travelling. HappyEasyGo has become one of India’s leading online travel aggregators in an extremely short span.
Logo: https://mma.prnewswire.com/media/1823670/HEG_Logo.jpg

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Vikram Vedha to open its advance bookings in 1250 multiplexes from 24th September

Having received an amazing response from the masses for its amazing trailer, the makers of Hrithik
Roshan and Saif Ali Khan starrer Vikram Vedha are currently creating a buzz all around for its electrifying
dance number ‘Alcoholia’. While the audience is eagerly waiting for the film to hit the theaters, the
makers are all set to open the advance booking windows for the Audience.

Undoubtedly Vikram Vedha is one of the most anticipated movies of the year and the craze for the film
among the audience is constantly rising as the film is inching toward its release date. Putting an end to
the audience’s wait, the makers are all set to start the advance bookings of the film today.

Moreover, Vikram Vedha will have the largest international distribution for a Hindi film, with a record-
breaking 100+ countries worldwide. Before its release, the film has sparked worldwide interest and
appeal, and many countries have already begun advance bookings.

Vikram Vedha is presented by Gulshan Kumar, T-Series, and Reliance Entertainment in association with
Friday Filmworks and Jio Studios and a YNOT Studios Production. The film is directed by Pushkar and
Gayatri and produced by Bhushan Kumar, S. Sashikanth and Reliance Entertainment. Vikram Vedha will hit the big screens globally on 30th September 2022.

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Manoj Bajpayee will take 1 week off from his schedule to attend all the rituals on his fathers 1st death Anniversary day.

Three times National Film Awards and the Padma Shri winning actor Manoj Bajpayee who has completed three decades in the showbiz business and Juggling with multiple projects between different genres, characters and mediums. Manoj Bajpayee is a powerhouse actor when it comes to Indian cinema. Even if you haven’t seen many of his movies, you will have heard of talented actor Manoj Bajpayee’s name because of his brilliant performances in his films. The finest actor has become synonymous with content-driven subjects who also have been consistently working in multiple film industries.

The finest actor of Hindi cinema Manoj Bajpayee who has several movies lined up this year, will be taking 1 week off from his current project, which is directed by Apurva(Aspirant fame & produced by Vinod Bhanushali in mid september and will be leaving for his home town with his wife and daughter to attend all the puja rituals on his father’s 1st death anniversary day. Manoj Bajpayee’s father RK Bajpayee passed away at 83, last year in Delhi.

The actor believes that a family is a very important & priority in his life, in spite of his erratic schedules or no matter where he is, it is his first priority to always be with his family with all his support & spend time with them in any situations.After finishing all the rituals puja and family work,Manoj will immediately resume his shoot to finish his project on time without taking any time for himself.

Manoj Bajpayee has recently finished his 3 upcoming projects, one with Ram Reddy’s untitled film, which also has talented actor Deepika Dobriyal in the film. After that he finished RSVP’s Despatch, (A investigative thriller set in the world of crime journalism.) directed by Kanu Behl. Abhishek Chaubeys’s film which also has star cast like Konkana Sen, Sayaji Shinde,Naseer sir and some well known talented actors from south. Fox Stars Studios,Chalkboard Entertainment, Autonomous Works film, Gulmohar directed by Rahul Chittella ( who was assistant of Meena Nair) working with Veteran actress Sharmila Tagore, and Amol Palekar along with Suraj Sharma (Life of Pi) and Simran Rishi Bagga in pivotal roles.

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Here comes the title of Jackky Bhagnani’s Jjust Music upcoming RVD’s soulful creation ‘Raaz’

Jackky Bhagnani’s Jjust Music has been coming up with some really amazing songs one after the other and now they are here with the title of their upcoming heart-touching melody by RVD, a soulful creation ‘Raaz’. It’s a melodious song by an Indie rap artist, RVD that evokes his potential lover to become his secret as that way she’ll go down to the grave with him and stay with him forever. 

The song captures a glimpse of feelings that brings a boy close to the emotions of his lover encapsulating his zest for involving her in his life a secret that will stay with him for life. Jotting down his deepest emotions learn from his life, RVD beautifully communicates through his art in music a feeling of true happiness that can only be appreciated and enjoyed in privacy as the unconditional bond they share is completely sacred which the world won’t understand as they’re not in our shoes. 

Moreover, the artist in a true sense, RVD is an artist who’s been given all the love by the world but battles and deals with his own loneliness by making music, he talks about how he has learned ‘you can’t be lonely if you’re comfortable being alone’ in the process, and through only music, he can express these thoughts. He is an artist who makes modernized music with a blend of cultural touches in Urdu and Punjabi languages, which makes him stand out from the general crowd.

RVD, is an Indie rap artist from Kolkata, West Bengal who’s been making much sound on the east side. Performed alongside pan India artists like Mohit Chauhan, Dino James, Zareen, Kayan, Gully Gang, etc. With tracks like ‘Riha’ and ‘Iteyhaas’ which have done extremely well, RVD has even caught a lot of attention and traction in the general crowd and the gaming world on a pan-India basis.

Meanwhile, Jjust Music made it to the headlines for it’s first PAN India music video Mashooka starring bold and quirky Rakul Preet. The song turned out to be a huge success and was received well by the audience.

https://www.instagram.com/reel/Ci2B4nfA-K6/?igshid=ODBkMDk1MTU=

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