Bangalore: Top Indian Online travel agent (OTA) Yatra Online, raised $14.5 million in its series D round of funding according to a Security Exchange Commission disclosure. It has been funded by a group of five investors whose names and details is not been disclosed.

The SEC Filing also mentioned that Yatra is raising its capital through series D preferred stock which is also convertible into common shares. The raised fund would be used for its general corporate purpose including salaries of top officials and company executive. Yatra had planned to raise 16.5 million but managed a whopping 80 crore raising ($14.5 million) as reported by deal curry.

This online agent was launched in the year 2006 and its services include providing reservation facilities for more than 3800 hotels across 336 cities in India and more than 90,000 hotels around the globe. The company has few investors backing this notion like the Norwest Venture Partners form Silicon Valley, Reliance Venture Asset Management Ltd, Intel Capital and Television 18 Group.

Yatra had also raised 200 million from Valiant Capital, Norwest and Intel Capital in 2011 for its C round of funding. This OTA was also on spotlight because Salman Khan, a famous Bollywood actor had picked stakes from this company but it was less than 5%.

Travelguru.com form Travelocity Global was also acquired by Yatra to expand and extend its portfolio to strengthen its domestic holiday’s business. This OTA had also acquired bussintown.com to expand its customer base by adding 3 million registered users of this website. It had also entered the ticket consolidation space by acquiring Travel Services International in October 2010.