AI-based SaaS company, Yanolja Cloud strategically invested in InnKey Infosystems Pvt. Ltd., a provider of cloud-based enterprise PMS platform for premium hotels and chains, to accelerate its global hospitality solution business.
InnKey, started in 2013 and headquartered in India, is a provider of a widely used hospitality technology solution. It currently provides its integrated cloud-based PMS platform to many full-service hotels and chains both in India and abroad.
Yanolja Cloud decided to strategically invest in InnKey with a right to acquire to enhance and complement its global SaaS solutions business, leveraging and maximizing the value and synergies among its group affiliates, including eZee Technosys and ZEN Hospitality Solutions. Yanolja Cloud, together with its subsidiaries, is offering hospitality management solutions to more than 43,000 clients in over 170 global markets in 60 languages. It has also expanded its business vertical for its solutions business not only catering to the travel industry, but also to leisure, and residential-based spaces based on the robust scalability of its cloud and AI technology.
InnKey’s integrated cloud-based PMS platform brings everyone in the hotel together, from reservations all the way to financial accounting, which allows for information to flow seamlessly through various departments for business analysis and effective use. Everything can be accessed anytime, anywhere – there is no need for any additional hardware or servers, eliminating costs and unnecessary hassles.
With this investment, Yanolja Cloud will further enhance its hotel solutions lineup, especially for the premium segment of hotels in the global arena. Based on Yanolja Cloud’s expertise, InnKey will further evolve into a one-stop platform offering a full range of hotel management solutions beyond the integrated PMS, creating and delivering new value and choice to the global hospitality industry.