OnlineTours raises $7 million to expand package tours for Russians
Russian online travel agency OnlineTours, a package specialist in Russia, has completed a capital raise of $7 million.
The latest tranche of funding comes via Global Founders Capital, Holtzbrinck Ventures, InVenture Partners and E.Ventures.
InVenture was an earlier investor in the company. The new round brings the total amount put into the company reaching $9 million.
The company, which launched in early-2012, claims to have 90% of all available tour operators in Russian on its platform.