The investment is led by Wavemaker Partners, one of the largest technology companies in Southeast Asia. The other investors are 1982 Ventures, Iterative and Century Oak Capital.
In the past, Brac Osiris Impact Ventures and OS Ventures invested here.
This new investment will be used to bring all the benefits related to technological development, human resources and travel under the online service.
Go Zayaan Founder Ridwan Hafeez said, "As a result of the information technology revolution in the country, people are getting used to using the Internet. We are working to upgrade the country's tourism sector by using technology and to make Bangladesh a popular tourist destination in the world."
Bangladesh's tourism sector is growing very fast, but only 5% of business operation is done online. Go Zayaan is working to make travel more comfortable by bringing all the hotel and travel-related facilities online.