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Singapore-based GlobalTix raises S$3M to develop new digital solutions for attractions industry

GlobalTix, a Singapore-based ticketing platform for the tours and activities sector, has raised S$3 million (about $2.3 million USD) that it will use to develop digital solutions for its operators.

The funding comes from Tin Men Capital and SEEDS Capital and brings the total amount raised by GlobalTix to about $14 million since its founding in 2013. 

Since the start of the COVID-19 pandemic, GlobalTix says the company has expanded from being a channel manager to also providing technology solutions across Asia Pacific for clients such as the Gardens by the Bay in Singapore and the Borobudur Temple in Indonesia.

“GlobalTix is seeing strong interest from our travel partners for solutions to digitalize and comply with regulations such as safe distancing via contactless entry and capacity management,” says Chan Chee Chong, co-founder and CEO of GlobalTix.

“These same partners have seen clear benefits of this digitalization effort and now engage GlobalTix to provide tech solutions that can further streamline their operations and improve their distribution capability.” 

Along with contactless entry and capacity management, GlobalTix is working with its partners to digitalize channel management, enable cashless transactions onsite and integrate back-end functions such as finance and human resources.

“In the last two years, we have seen GlobalTix weather the pandemic, and are very pleased to see the inroads made by the business in the solutions space. We are excited by the opportunity it presents,” says Benjamin Tan, co-founder of Tin Men Capital.

“We are confident that this additional investment together with SEEDS Capital will propel GlobalTix further into Asia and cement their position as the leading tech player in the tours and attractions space.”

In November the Singapore Tourism Board named GlobalTix as one of five booking partners for its SingapoRediscovers S$320 million recovery program. The program gives every Singapore citizen age 18 and above S$100 (about $75 USD) worth of vouchers that can be spent on more than 200 hotels, attractions and tours that are participating in the program.

Source PhocusWire