CEO Spotlight: Somit Goyal of IBS Software / Scapia's $40M funding for travel fintech / Steve Singh's latest corporate travel investment

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April 03, 2025

CEO SPOTLIGHT: SOMIT GOYAL OF IBS SOFTWARE

IBS Software provides solutions for airlines, hotels, cruise lines and other travel companies, focusing on areas like retailing, passenger services, distribution and loyalty.

Latest News

Scapia lands $40M for travel fintech

News | Online

The funding will go towards boosting the team, enhancing its product offerings and accelerating growth plans.

Fewer than 1 in 3 airlines have advanced offer and order strategies

News | Distribution

While the majority of airlines agree that retailing is important, there are a few key reasons why they're hesitant to move forward.

Corporate guest travel startup Juno raises $2M

News | Startups

Venture capitalist Steve Singh and Bungalow Capital co-led funding for Juno, which was developed by Pana founders Devon Tivona and Sam Felsenthal.

Travel creators and the power to drive conversion

News | Online

According to Phocuswright research, 67% of followers deem creators helpful for travel advice, ranking third behind the accounts of online travel agencies (70%) and friends and family (72%).

Trending Stories

Travelers are prioritizing experiences and so should the industry

AI property management platform Jurny receives "substantial" investment

Could a tours and activities push from Google penalize OTAs?

Report: Relevance is the key to unlocking sustainable growth in travel

Event Calendar

APR

TUE

The New Age(nts) Trend Series Part 2: Impact on the In-Destination Experience

In Part 2 of this series exploring the impact of generative AI and autonomous agents on the travel industry, find out how AI tools may transform the way travelers explore and experience a destination.

APR

THU

Harnessing business intelligence for performance and competitive edge

Join this webinar with Onyx CenterSource and Flight Centre Travel Group to learn how to drive greater yields, faster time to get paid by suppliers and improve market intel to enable commercial growth.

APR

FRI

WiT Phocuswright Middle East

This is a joint event from Northstar Travel Group's two leading travel tech platforms, blending the best of Phocuswright intelligence with WiT market insights on the Middle East.

MAY

THU

Short-term rentals 2025: Navigating the next phase of growth

Join this free webinar to hear key findings from Phocuswright's recent in-depth study on the short-term rental industry along with discussion with Expedia Group and Avalara.

MAY

THU

How virtual credit cards are transforming B2B payments

Join this free webinar to hear from Worldline and Visa about the evolution, benefits and implementation strategies of virtual credit cards in travel.

JUN

TUE

Global Startup Pitch 2025

The Global Startup Pitch, by WiT, Phocuswright and PhocusWire and supported by American Express Global Business Travel, is back for the fourth year running in its quest to unearth the brightest stars on the gleaming edge of travel tech.

JUN

TUE

Phocuswright Europe

Make plans now to join the most influential travel leaders for pointed one-on-one conversations, critical debate, the next wave of innovation and the best networking in travel in beautiful Barcelona.

NOV

TUE

The Phocuswright Conference

Join the biggest innovators and most influential leaders and decision makers from the global travel industry in San Diego at The Phocuswright Conference.