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Nexus DMC opens new global headquarters in Melbourne, supported by US million in funding
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Nexus DMC opens new global headquarters in Melbourne, supported by US$50 million in funding

Global travel platform Nexus DMC has opened a new global headquarters in Melbourne, servicing inbound and outbound travel for all Western markets, thanks to an injection of US$50 million (AU$75 million) in funding.

The expansion of Nexus DMC into Australia, New Zealand and the Pacific will enable travel professionals to elevate their level of customer service and benefit from a streamlined customer booking process.

With its dedicated AI application, Nexus DMC is at the forefront of revolutionizing the global travel industry by making it possible to execute and book even the most complex itineraries with ease and flexibility. unprecedented efficiency.

Through its “One World, One DMC” approach, the company has simplified vacation planning and travel experiences in 110 countries and more than 1,700 cities around the world.

Nexus’ move into the Pacific follows a lucrative $50 million Series A investment secured by Nexus DMC’s parent company, ORN Ventures, from a leading Indian technology and investment group. The investment gives the company an initial valuation of US$500 million.

New CEO for the Pacific region, Sahil Nijhawan.

The announcement of the Australian office also comes with the appointment of Sahil Nijhawan as CEO for the Pacific region. Nijhawan is a seasoned travel entrepreneur with over 20 years of experience in business travel, travel technology, leisure and wholesale travel.

“We connect global wholesalers to agents under one roof, creating a seamless ecosystem that benefits everyone involved while removing exorbitant fees and eliminating the hassles that travel agents typically face when working with multiple suppliers and juggle various payment terms,” he said.

Vinay Gupta, Founder and CEO of ORN Ventures Group, said: “Our expansion into Australia and New Zealand brings our innovative platform to a market hungry for efficient, cost-effective travel solutions and reinforces our commitment to becoming the largest travel company in the world. vacation in the world. »

Andrew McEvoy, ORN Ventures Advisory Board Member and former CEO of Tourism Australia, said: “The founders are experts at simplifying complex things. They are digital natives who use machine learning techniques to create perfect trips, tailored to customers by trusted agents.

“Nexus DMC empowers agents to be true global experts, creating compelling itineraries quickly and cost-effectively while reducing their sales costs and improving their margins.

“Working with Nexus DMC’s global network of destination management offices, they continue to care for the customer throughout the journey,” McEvoy said.

The Melbourne office will manage all inbound travel generated to Australia and the Pacific region and will be ORN Ventures’ global headquarters for all Western markets.