| Founded | 2015 |
|---|---|
| Closed | 2020 |
| Country | Indonesia |
| Sector | Travel |
| Collapse type | Sudden Collapse |
Airy
"An Indonesian budget hotel aggregator backed by East Ventures that survived four years and was destroyed by COVID in two weeks."
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Airy raised $7M from East Ventures and others to standardize and aggregate budget hotels across Indonesia — acting as a franchise manager for low-cost guesthouses that met Airy's quality standards.
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