India, the world’s fifth-largest economy, is at a major inflection point, says Melissa Ow, CEO, Singapore Tourism Board. “We announced two major initiatives – Partnering with MakeMyTrip and with PhonePe. As Singapore’s 5th largest market, with more than a million visitors in 2023, the Singapore Tourism Board is optimistic about India’s growth potential,” she said citing a McKinsey report that said Indians made 13 million outbound trips in 2022, which could rise to 40 million in 2030, and 80 million in 2040.
Travel Capitalist Ventures Expands Check Size to $10 Million to Deepen Emerging Market Conviction
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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