Skift Take
Klook turning profitable is good news. And the travel startup's failure to get additional follow-on funding from troubled backer Softbank is unsurprising. Klook has made great strides, but it must someday find an exit for its early investors.
Klook, an online travel agency for tours and activities, transport, and travel services, said it had raised $210 million (about $290 Singaporean dollars) in capital with a mix of venture equity and bank financing.
Bessemer Venture Partners led the equity portion, whose amount wasn't specified. BPEA EQT, Atinum Investment, and Golden Vision Capital, and other corporate investment arms also took equity sta