Have marketplace will fly: airfree raises € 2.3 million fund from business angels

KUALA LUMPUR, May 29 (Bernama) -- airfree, a French startup has received a €2.3 million support from its first round business angels, Shiseido and the Starburst accelerator. (€1 = RM4.68)

Also referred to as ‘Marketplace of the Sky’, airfree recently took off towards marketing its solution to airline companies, with the validation of a technical Proof of Concept, in partnership with Singapore Airlines' Krislab programme.

airfree, which created the first inflight duty-free product marketplace, has developed an e/m-commerce platform, which deeply transforms the experience of selling products inflight.

By making airport products and services available up in the air, the global offer will boost the sales of airport duty-free retailers, and increase airline revenue with an end-to-end solution by reducing satellite connectivity related costs, with a simple and optimised user experience.

For airline companies, airfree is an all-in-one solution that will allow their investments in connectivity equipment to be profitable, as well as offer a premium service to the passengers - a digital catalogue of more than 10,000 references.

Duty-free retailers receive additional revenue from a targeted and qualified audience for an extended period of time (during the whole flight).

Passengers enjoy a premium experience during flight time that gives access to all available products in duty-free shops, in transit or at the airport of arrival, on a click and collect model.

airfree aims to become the world's leading airline marketplace. More details on the company at www.airfree.aero

-- BERNAMA