The Highest VC Investments In 2011 In India
By Anamika Sahu, SiliconIndia
Yatra.com
The Online Travel Agent, Yatra.com raised $44.4 million from Valiant Capital, Norwest Venture Partners, and Intel Capital in April 2011. The company has previously raised $33.3 million from Norwest Venture Partners, Reliance Capital, Network 18, and Intel Capital. The company raised the funds for expanding its holiday and hotel booking segment, and for acquisitions. It has also announced its plans for going for an Initial Public Offering (IPO) by the next year. The company was founded by Dhruv Shringi and Manish Amin in 2006 and is ranked as the leading provider of consumer-direct travel services in India.