OTA firm Via, formerly Flightraja has raised close to $10M USD from Sequoia Capital. Earlier Via has raised around $5M USD from NEA-Indo US Venture. This investment is a good sign for resurgent OTA industry and investment has come in after a long gap in this indusrty. Via provides services like bookings for flights, railways, buses and holidays.
OTA’s still remain favorite among VC’s and OTA’s like Cleartrip, MMT, Travelguru have earlier raised huge investment from prominent Indian VC’s.
Via main business comes from traditional travel agents who are provided with Via booking terminal to book tickets for customers. B2B … Read more