Battery Ventures, Sequoia Capital Invest $15 Million In Travelguru

It’s official. Indian online travel company Travelguru has received second round funding of $15 million from Battery Ventures and Sequoia Capital India.

This is the first investment in the “Indian consumer internet space” by Battery Ventures. The investment from Battery side was led by General Partner Mark Sherman. KP Balaraj, Managing Director, led the investment from Sequoia Capital India.

Travelguru is a hotel and airline ticketing consolidator in the B2C space. The site claims to service about 70,000 customers a month.

Click for complete article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: