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Files under: News, Web 2.0
Posted by: admin @ 03:36 [25. 05. 11]
 Over the past year, several Russian online travel agencies (OTA) such as Oktogo.ru, HipClub.ru, Ostrovok.ru, Anywayanyday as well as travel meta-search engine Jizo.ru have emerged and raised angel and venture capital funds. Today, yet another online travel agency in Russia, Travelmenu.ru announced Series A funding of $1.6 million from early-stage venture capital funds Almaz Capital Russia Fund I and Runa Capital. The two funds share the partners Serguei Beloussov of Parallels and Acronis and Alexander “Sasha” Galitsky.
Travelmenu.ru domain name was registered in 2005. The site was first launched for B2B agents in Russia in February 2009. Founded in 2006 by Nina Pogossova (Нина Погосова), Moscow-based Travelmenu (Тревел Меню) offers tour, hotel and airline ticket booking.
Travelmenu‘s business model is likely similar to Oktogo‘s, i.e. it earns a comission fee of 10%-15% from each booking.
Tags: Alexander Galitsky, Alexander Sasha Galitsky, Almaz Capital Travelmenu.ru, HipClub.ru, Jizo.ru, Nina Pogossova, Oktogo.ru, Ostrovok.ru, Runa Capital Travelmenu, Russian online travel agency, Russian OTA, Sergey Belousov, Serguei Beloussov, Travelmenu funding, Travelmenu Series A, Travelmenu.ru Almaz Runa, Нина Погосова, Сергей Белоусов, Тревел Меню, Тревелменю
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