Oktogo online hotel booking service received more than $ 5 million in the next round of investment
According to Vedomosti, the online booking service for Oktogo hotels managed by Travel.ru raised more than $ 5 million from a pool of investors led by the Polish investment fund MCI Management.
MCI itself invested more than $ 3 million, thus obtaining a share of less than 10% in Oktogo. The remaining shares were contributed by the existing investors of the project - Mangrove Capital and Ventech venture funds.
The deal was closed back in December 2014, and the money will be spent on developing service sales in Russia and the CIS countries.
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This is the fourth round of investment launched by Oktogo in 2010. In total, the service has attracted investments from various groups of investors, including Russian VTB Capital, VEB Innovations and the ABRT fund for about $ 30 million.
In the future, MCI Management plans to invest another $ 3 million in service, depending on the company's results.
MCI itself invested more than $ 3 million, thus obtaining a share of less than 10% in Oktogo. The remaining shares were contributed by the existing investors of the project - Mangrove Capital and Ventech venture funds.
The deal was closed back in December 2014, and the money will be spent on developing service sales in Russia and the CIS countries.
')
This is the fourth round of investment launched by Oktogo in 2010. In total, the service has attracted investments from various groups of investors, including Russian VTB Capital, VEB Innovations and the ABRT fund for about $ 30 million.
In the future, MCI Management plans to invest another $ 3 million in service, depending on the company's results.
Source: https://habr.com/ru/post/286606/
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