Start-up Commeasure receives a million dollar funding

Singapore: South Asia’s Hotel Booking Platform Commeasure, has announced that it has received a Million Dollars in seed funding. The lead investor is Jungle Ventures, a Singapore based, entrepreneur backed venture firm that funds and helps start-ups scale across Asia Pacific.

Commeasure currently has over 500 hotels as customers and the seed funding allows it the ideal conditions for continuing its growth strategy.

Commeasure offers a plug and play solution to hotels, chains, independent and boutique hotels, resorts, B&Bs and service apartments, across the Asia-Pacific region and in India.

Some of its current customers include Sarovar Hotels, Mapple Hotels, Jukaso Hotels, Clarks, Classic Group and Grand Mumtaz Group among others. Online booking for hotels is expected to grow by nearly 30 percent in India.

Amit Saberwal, CEO & founder, Commeasure, said, “We’ve experienced rapid growth since our launch in July 2014, our customer portfolio of 500+ large and small hotels across India, literally from Kashmir to the Andaman Islands and in SE Asia, confirms the need and efficacy of our offering. I envisage Commeasure being implemented in over 5,000 hotel properties over the next couple of years. The right amount of capital infusion at each stage of the business’ growth will ensure our success. Our investors have extensive experience in growing technology, e-commerce and digital media companies, and we look forward to combining that know-how with our mission to help hotels increase their direct bookings by optimizing their online sales.”