QSTP-FUNDED STARTUP LAUNCHES UNIQUE WEB-BASED TRAVEL BOOKING MANAGEMENT SYSTEM
- Wall St pares gains as rate-cut cheer ebbs after latest Fed comments
- Cigna, Humana explore healthcare megamerger - WSJ
- Stocks will be hostage to earnings delivery in 2024 rather than yields - JPMorgan
- General Motors (GM) surges on $10 billion buyback plan, increased dividend
- Bill Ackman sees risk of hard landing if Fed doesn't start cutting soon
ViaVii Plus, supported by QSTP's Tech Venture Fund, Promotes Creator Economy for Tour Guides and Experience-Creators in
ViaVii Plus, developed by QSTP-incubated startup ViaVii, offers a seamless and intuitive booking management system and zero-code website builder, empowering service providers to manage and sell top-notch experiences in the region.
The platform – available in both English and Arabic – helps simplify the complexity and cost of developing and maintaining tours and activities websites and provides access to marketing and advertising tools, thus allowing a broader market reach and increased revenue for vendors.
Initially, ViaVii.com started off as an online marketplace that connects travelers with local hosts offering authentic experiences at their destination. According to the startup's founder and Chief Executive Officer,
ViaVii Plus supports vendors by allowing them to subscribe to the platform and promote their tours and activities. This gives them control over their brand image and how their services are presented. The platform supports a creator economy as any host can enlist within five minutes and open their own e-store without any prior technical experience.
To facilitate customer payments, vendors can opt to use ViaVii Plus' payment services, or seamlessly connect their own payment gateway to ViaVii Plus through the dashboard, as the platform supports localized payment gateways.
The startup first received seed investment from QSTP's Tech Venture Fund (TVF) in 2020, and then again in early 2023 as part of an institutional financing round to help develop and deploy ViaVii Plus.
Fayyad says the guidance from QSTP's TVF team was instrumental in the startup's growth: "It's QSTP's team that sets them apart from other technology parks or institutional investors. They believed in us and our venture from the beginning when they first invested in our startup during the pandemic."
"To this day, we receive strategic guidance from the TVF team on a monthly basis on aspects like improving the product, as well as understanding and penetrating our market better. We're very grateful for QSTP's support throughout our journey."
As part of the platform's development, the team is now increasing its user-base and forming value-adding partnerships, such as that with Experience
Other notable partnerships include Jordan Tourism Board and Royal Jordanian (RJ), the country's flag-carrier airline, to re-distribute ViaVii Plus' authentic experiences on the partner platforms.
In 2021, ViaVii was the winner of the category Prosperity – Opportunities for Growth in the United Nations World Tourism Organization's (UNWTO) Global Rural Tourism Startup Competition, and was the only Arab startup to bring that title to the MENA region.
This month, ViaVii was selected as one of the top 12 finalists of the Women in Tech Startup Competition Middle East out of over 150 applications. The startup is currently in the process of raising pre-Series A financing as part of its continued efforts to grow the business.
Learn more about QSTP – a member of Qatar Foundation – and apply for the Venture Fund via Tech Venture Fund - Qatar Science and Technology Park (qstp.org.qa)
Qatar Science & Technology Park
Qatar Science & Technology Park (QSTP), part of Qatar Foundation, is a
QSTP's focus ranges across four overarching themes, comprising Energy, Environment, Health Sciences and Information & Communication Technologies (ICT), in line with the Qatar National Research Strategy announced in 2012.
Located in Qatar Foundation's Education City, QSTP has access to the vital resources of a cluster of leading research universities. Members of
QSTP supports QF's economic and human development objectives for
For more information, please visit the QSTP website at www.qstp.org.qa
Qatar Foundation – Unlocking Human Potential
Qatar Foundation for Education, Science and Community Development (QF) is a non-profit organization that supports
QF was founded in 1995 by His Highness Sheikh
QF is also creating a multidisciplinary innovation hub in
For a complete list of QF's initiatives and projects, please visit: www.qf.org.qa
View original content to download multimedia:https://www.prnewswire.com/news-releases/qstp-funded-startup-launches-unique-web-based-travel-booking-management-system-301940570.html
SOURCE Qatar Science & Technology Park
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Arbor's Servicer Ratings Affirmed and Positive Outlook Rating Assigned by Fitch
- Revelation Partners Expands Team with Hire of Andrew Olson, Partner, Chief Financial Officer & Chief Operating Officer
- WORKERS AT RIVERS CASINO PORTSMOUTH JOIN TEAMSTERS
Create E-mail Alert Related CategoriesPRNewswire, Press Releases
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!