What is Wakanow.com?
Wakanow.com stands as Africa's premier full-service online travel agency, offering a comprehensive booking portal for flights, hotels, visa assistance, holiday packages, and airport transfers. The company aims to simplify travel planning by providing a wide selection of deals and enabling customers to research, plan, and book their trips conveniently from anywhere. With an interactive call center and 34 physical travel centers across Nigeria, including strategic airport locations, Wakanow.com ensures accessibility. The company also maintains offices in Ghana, Dubai, and the UK/US, with ambitious expansion plans across Africa and globally. Its strategic partnerships with travel providers are key to delivering competitive travel deals.
How much funding has Wakanow.com raised?
Wakanow.com has raised a total of $40M across 1 funding round:
Private Equity
$40M
Private Equity (2018): $40M with participation from The Carlyle Group
Key Investors in Wakanow.com
The Carlyle Group
The Carlyle Group is a global investment firm specializing in private equity, managing funds across buyouts, venture and growth capital, real estate, and leveraged finance. With a worldwide presence, the firm leverages international perspective and regional expertise to drive value in its portfolio companies.
What's next for Wakanow.com?
The recent major strategic investment signals Wakanow.com's readiness for accelerated expansion and market consolidation. This capital infusion is likely to fuel further development of its service offerings, enhance its technological infrastructure, and support its aggressive international growth strategy, particularly across the African continent. The company's focus on building strategic relationships and expanding its physical and digital footprint positions it for sustained leadership in the online travel market.
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