Haystack Asia Capital Limited, the investment capital firm, has acquired a 25% stake in Camboticket, the foremost online travel-booking platform in the Mekong Region.
The acquisition is another strategic investment for Haystack Asia as it continues to expand its footprint in Cambodia’s emerging tech and startup sectors.
Camboticket was founded in 2014 as the first online-only ticketing option for buses, ferries and taxis in Cambodia, Laos, Thailand and Vietnam. The company was launched behind a singular mission: To revolutionize Cambodia’s inefficient counter booking system and bring its booming travel into the new age of online booking.
Popular with locals and tourists, Camboticket now covers more than 150 routes across the four countries and has partnered with leading tour operators. The efforts of the Camboticket team have been praised in prominent media outlets such as Forbes, the Financial Times and e27. “We are very excited to have Haystack onboard. The whole travel…