Golf technology company AGL Co., Ltd. (CEO Jim Hwang) succeeded in attracting 10 billion won
worth of Series A investment despite the global economic slowdown.
TS Investment, Korea Investment Partners, Seoul Investment Partners, K2 Partners, Kolon Investment,
and Digital Trust participated in the investment.
AGL is the world's first developer of Tiger GDS solutions that allow golfers to book and pay for overseas golf courses in real time.
Currently, solutions are supplied to 300 golf courses in Thailand, Vietnam, Japan, Guam, Saipan, the Philippines, Malaysia, Indonesia, and Cambodia.
AGL has signed partnership contracts with major domestic online travel agencies (OTA), Shinhan Bank, and KT.
Through Tiger GDS, golfers will be able to book and pay overseas golf courses such as Bangkok, Chiang Mai, Pattaya, Manila, Clark, Hanoi, Ho Chi Minh, Danang, Kota Kinabalu, and Kyushu, Japan, in real time.
CEO Jim Hwang said, "Just as we compare, search, reserve, and pay for tickets online, we are happy that Tiger GDS,
which allows golfers to book and pay for overseas golf courses in real time, contributes to the evolution and growth of the golf ecosystem."
"AGL fundamentally solved problems such as double booking and reservation errors, which have been pointed out as limitations of existing golf apps,
through GDS-based engines like an air reservation system," he said. "We will expand golfers' options not only to Asia but also to golf courses around the world."
Sources : Golf Industry Newspaper (https://news.mt.co.kr)
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