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Fri, 27 November 2015

Amadeus Launches Startup Initiative

Amadeus has launched a startup initiative which leverages its technology, expertise, reach and funding, to evolve new and original ideas in travel, empowering travel startups in Asia Pacific to shape the future of travel.

Amadeus Next also serves as a driving force to build an ecosystem of likeminded partners and organisations that are excited about travel technology, and looking to challenge the status quo.

To date, there are six travel technology startups on board.

“Amadeus is at the forefront of the travel technology industry and a major player in the travel startup scene in this region. So partnering with ‘Amadeus Next’ was a no brainer. For our success and to go grow quickly we need access to leading travel technology, expert advisory from a global network with funding opportunities which Amadeus is providing,” said Cassandra Italia, CEO & Founder - TopDocs, a platform for medical tourists to book a seamless medical travel experience.

What Amadeus Next offers startups:

Technology: Startups gain access to Amadeus’ technology and solutions to build and validate the Minimum Viable Product, as well as leverage decades of experience in travel technology.

Expertise: Startups can work with Amadeus experts to incubate and validate new ideas and businesses. They will also receive mentoring and guidance to navigate their way to success.

Reach: Startups will be able to connect to the right network with Amadeus’ support to test, validate and pilot new business models with Amadeus customers and industry players.

Funding: Amadeus will help startups to connect to investors and venture capital around the world. Globally, Amadeus also has a dedicated Amadeus Venture Fund which offers early stage minority investments in startups.

Simon Akeroyd, Vice President, Corporate Strategy and Business Development, said, “Amadeus Next is not a short-term project or a one-off investment, it’s a long-term partnership and commitment to create a collaborative travel tech startup community in Asia Pacific. To truly shape the future of travel, we need to work together, across the industry, and with travel players big and small, to create a collaborative ecosystem with the traveller at the centre.”

Amadeus

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