Source: Economic Times
This will be part of case study on the startup funding craze . A company basically acts as single point source for visa related info. The visa is approved by external gvmt authority, where this companies have no say. Earlier travel agency provided this service, now they have launched a website and made it attractive. For each visa they charge fee. If a family of 4 apply for Singapore visa it will cost then 8k approx. They will pay 8k for an info that's already available at the embassy/VFS site.
Startup bubble today is the dotcom buble of 2001. Any recession this time will be brutal than 2001.
I agree, it doesn't make sense for countries where visa process is straightforwaed. (e.g. Singapore, like you have mentioned). But given that our passport is weak and travel craze is quite high, I think they will do well
Banking on travel craze among younger population. Imo their TG is mostly GenZ, Millennial folks who are very comfortable with an online visa service provider. Specially for couples, families or groups who like visiting European countries where visa process is such that you need help of a 3rd party.
The immigration industry is run by agents and agencies. It is a highly unorganised industry and presence of agents becomes important due to government regulations.
But these regulations are mostly on paper and there is very little to No...
Have heard about them and saw their Series B announcement. Have trips planned in coming months, so wanted to check. Have not hard so far from anybody who used them so looking for comments
Been seeing adds on Instagram for Altys for the past few days since I’ve been thinking about an intl trip (wink wink) and was wonder if anyone’s used their service and how it’s been. particularly South Korea if any ? I spoke to Akbar tra...
