“Max Venture Investment Company” invested in “Youtopin” company by forming a new investment fund named “Modern Capital”.
According to Iran digital economy annotation, according to Max’s public relations report, “Sasan Moadel”, the chairman of the board of directors of this company, said about the purpose of the new investment of this company: “This investment was made by Max, as a venture capital company, to enter the tourism industry. Considering the performance of Youtopin in the past, the growth and development prospects of this company in the tourism industry and the booming market of this area, this investment will be an important step towards creating the highest possible return for Max investors.”
Moadel emphasized: “The experience and expertise of the Youtopin team and the passion of its 2 founders for the growth and development of the tourism industry will make Max very hopeful about the bright future of this cooperation.”
Strategic cooperation for further growth of Youtopin
Mojtaba Kiani, the investment manager of Max, also said about the cooperation that will be formed after this investment: “In addition to financing, this investment was made with the aim of increasing the sustainable growth of Youtopin in the long term; Therefore, by providing services such as improving financial structures, strengthening human capital management, and strategic development of the company, we will help this successful startup grow further in the field of tourism.”
He added: “We are sure that this investment will help Youtopin achieve its goals of gaining more market share, product development, and expanding the sales network faster.”
standing up Youtopin to reach one million customers per year
The founders of Youtopin tourism startup believe that with the arrival of new capital and Max’s company, Youtopin will be ready for rapid growth and gain a significant share of the tourism market; According to them, the market has a volume of about $6B.
“Rezvan Madadi”, the co-founder of Youtopin, referring to this investment, said: “Youtopin has achieved all its growth in the past years, completely organically, and owes this exponential growth to a different approach and view to the field of tourism and travel, the development of technology in The field of travel and the existence of an application with social network capabilities and two-way communication with the audience, especially the youth segment.
According to Madadi, with this investment, Youtopin will gradually activate all its marketing and sales channels and in the first step, it will jump to reach one million customers annually.
Youtopin’s target of $6B
“Bahram Moshrefi”, another co-founder of Youtopin, also believes that this startup, considering its reputation in the tourism market, can expand its activities in all cities of Iran and become known as a comprehensive platform for Iran’s tourism and entertainment.
Moshrefi emphasized: “Youtopin’s vision is to increase its share of the travel market to $6B and in the future, to have 10% of the country’s tourism market.”
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