Another week, another encouraging sign that money is continuing to flow into up and coming travel brands with Russian online travel agency Oktogo raising $10 million this week.
The hotel-focused OTA has raised the money from VTB Capital, the investment arm of one of Russia’s largest banks, VTB, bringing the total amount of investment made in Oktogo so far to $15 million.
Joining in the round include existing investors in Oktogo, Mangrove Capital Partners, Ventech Capital and ABRT.
Read full story at: http://www.tnooz.com/2012/03/19/news/oktogo-secures-10m-investment-deal-from-vtb-capital/
