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Archive for the ‘Cleartrip’ Category

Makemytrip.com gets $13 mn from VC investors

Posted by dealcurry on December 19, 2006

Travel portal Makemytrip.com has raised $13 mn in a second round of funding. Helion Ventures, Sierra Ventures and existing investor SAIF Partners are the investors. The company has a projected turnover of Rs. 600 crores ($130 mn) for the current financial year, up from Rs. 200 crores ($42 mn) last year. Travel portals have been seeing a lot of money coming in of late. Recently, Travelguru.com raised $15 million from Battery Ventures and Sequoia Capital India. Cleartrip.com has also reportedly raised $8 million from DAG Ventures and Sherpalo Ventures.

Read ContentSutra.com for more.

Posted in Battery Ventures, Cleartrip, DAG Ventures, Helion Ventures, Makemytrip, SAIF Partners, Sequoia Capital, Sherpalo, SIDBI Venture Capital, Sierra Ventures, Technology, Travelguru | Leave a Comment »