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Yatra raises $44M, India becoming hotbed of action for investors

04/22/2011| 9:13:59 AM| 中文

Indian online travel agency Yatra has attracted a new round of investment worth $44 million from a string of US venture capital firms.

Indian online travel agency Yatrahas attracted a new round of investment worth $44 million from a string of US venture capital firms.

The deal sees a new investor in the business in the shape of Valiant Capital, joining existing and major backers in Yatra, Norwest Venture Partnersand Intel Capital.

Yatra is one of the leading Indian OTAs alongside home-grown businesses MakeMyTripand Cleartrip, with Expedia and Travelocity also operating in the country (see latest Hitwise India datafor latest positions).

Read the full story at: http://www.tnooz.com/2011/04/20/news/yatra-raises-33m-india-becoming-hotbed-of-action-for-investors/

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