News & Updates

Bahia has announced a strategic seed investment commitment of USD 250,000 in JaPi Inc., a North Carolina, USA based startup with a Representative Office in Indonesia. The investment begins with an initial USD 100,000 funding round to scale Applied AI solutions that democratize top-tier English learning and professional development across Indonesia.

JaPi Inc. focuses on solving a critical gap for the many Indonesians who seek career advancement but cannot afford traditional, high-cost training. By utilizing adaptive AI, the platform provides a professional-grade alternative for mastering English and essential workplace skills, making high-quality development accessible to those previously priced out of the market.

Andrew Gonczi, CEO of JaPi Inc., stated: "This strategic funding allows us to deploy Applied AI to solve a real-life need. Our mission is to ensure that top-quality English learning and professional development are no longer luxuries, but accessible tools for every Indonesian striving to grow in the digital economy."

Rita Gergely, Managing Director of Bahia, added: "Our commitment to JaPi is rooted in their ability to solve real-world challenges through technology. This investment provides the runway to build deep momentum in Indonesia and support the many motivated learners who seek quality training but lack the resources to access it."

The capital will be used to grow JaPi’s Indonesian operations and accelerate deployments with local enterprise and institutional partners.

About Bahia
Bahia is a Budapest, Hungary-based investment company with a diverse portfolio spanning real estate and high-growth sectors. The firm is actively increasing its exposure to disruptive technology, focusing on backing scalable ventures that address critical human and economic needs in emerging markets.

About JaPi Inc.
JaPi Inc. is a North Carolina, U.S.-based company with a Representative Office in Indonesia, applying AI to deliver affordable, professional-quality English learning and corporate training solutions for the Indonesian and European markets.
www.japi.ai

Bahia announced that multiple restaurants within the Costes Group have successfully retained their Michelin star recognition.

The continued acknowledgment by the Michelin Guide reflected consistent culinary excellence, strong operational leadership, and long-term quality standards across the Group’s portfolio. These achievements reaffirmed Bahia’s investment philosophy of building and operating hospitality concepts with enduring international relevance.

Bahia announced the expansion of Szigliget Várudvar with the development of a new open-air theatre, further strengthening the site’s role as a leading cultural destination at Lake Balaton.

The expansion created a dedicated venue for concerts, theatrical performances, and large-scale cultural events, enhancing the Várudvar’s ability to host diverse programs throughout the season. This development marked a new phase in the continuous growth of the project, reinforcing its position as a focal point of Balaton’s cultural and community life.

Bahia is proud to announce that RUMOUR by Rácz Jenő has been awarded a Michelin star.

This recognition highlights the exceptional culinary vision of Chef Jenő Rácz and the unique 'theatre-style' dining experience that RUMOUR brings to the Budapest gastronomy scene. The award cements the restaurant's status as one of the premier dining destinations in the region.

Bahia announced the completion of a major renovation and upgrade of Taman Wana Luxury Resort, located in the Seminyak area of Bali.

The upgraded resort consists of five separate villa units with a total of more than 20 rooms, set on over 4,000 square meters of land within walking distance of Bali’s most popular beaches. The comprehensive renovation modernized accommodations, common areas, and infrastructure while preserving the character of the property, strengthening its position within Seminyak’s premium hospitality market.

Bahia announced that Platán Gourmet Restaurant has been awarded two Michelin stars, becoming the first restaurant outside Budapest to achieve this distinction.

The recognition represented a landmark achievement for regional fine dining in Hungary and underscored Bahia’s ability to build world-class gastronomic destinations beyond major capitals. Platán Gourmet’s success further expanded Bahia’s Michelin-recognized portfolio.

Bahia celebrated the grand opening of RUMOUR by Jenő Rácz, a new concept restaurant that introduces a chef's table experience to Budapest.

Designed to be an interactive culinary journey, RUMOUR offers guests a front-row seat to the preparation of their meals, led by the renowned Chef Jenő Rácz. The opening marks a significant addition to Bahia's high-end hospitality portfolio.

Bahia announced the completion of a multi-phase land acquisition program in the Ubud area of Bali, assembling a significant development site intended for a future ayurvedic and wellness center.

Through these phased investments, the landholding grew to a consolidated site exceeding 28,000 square meters. The project reflects Bahia’s long-term approach to land development, focusing on strategic aggregation and alignment with wellness-oriented lifestyle concepts.

Bahia announced that it has entered into a long-term lease agreement for Taman Wana Luxury Resort, a premium hospitality property located in the popular Seminyak area of Bali.

The resort comprises five separate villa units and occupies over 4,000 square meters of land. The transaction marked Bahia’s strategic entry into the Balinese hospitality market, aligned with its focus on well-located, high-quality lifestyle and leisure assets.

Bahia announced the acquisition of Szigliget Várudvar, a historic cultural and hospitality site located beneath Szigliget Castle on the northern shore of Lake Balaton.

Conceived as a continuously evolving investment, Szigliget Várudvar was developed by Bahia into a vibrant cultural destination. Since the acquisition, the site has steadily grown into one of the key centers of cultural life in the Balaton region.

Bahia continued its expansion in the fine-dining sector with the opening of Costes Downtown.

Located in the heart of Budapest, Costes Downtown offers a sophisticated yet relaxed atmosphere, maintaining the high culinary standards established by the original Costes restaurant. The venue quickly garnered attention for its quality and service.

Bahia announced that Borkonyha Winekitchen has been awarded a Michelin star, recognizing its distinctive fusion of fine dining and wine-focused gastronomy.

The Michelin recognition highlighted the restaurant’s refined yet approachable concept and reinforced Bahia’s strategy of developing diverse, high-quality culinary experiences. Borkonyha quickly became a reference point for modern Hungarian cuisine and wine culture.

Costes Restaurant made history by becoming the first restaurant in Hungary to be awarded a Michelin star.

This groundbreaking achievement placed Budapest on the international culinary map and validated Bahia’s commitment to excellence in hospitality. It set a new benchmark for fine dining in the region.