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Travel Site Ostrovok.ru Raises $13 Million from Accel, General Catalyst, Peter Thiel

Files under: News
Posted by: admin @ 01:13 [11. 07. 11]

How much does a Russian online travel startup need to raise in order to win against competitors? First, HipClub.ru has got a few hundred thousand from business angels. Second, Anywayanyday obtained $5 million from Tiger Global. Then, Oktogo.ru received $5 million from Mangrove and Ventech. Recently, Travelmenu got $1.4 million from Almaz Capital and Runa [...]

General Catalyst Invest in Tour Flash Sales Service Ostrovok.ru

Files under: News, Web 2.0
Posted by: admin @ 05:03 [28. 02. 11]

// The idea of launching copycats of U.S. internet ventures in Russia was proven last year when Russian copycat of Groupon called Darberry was taken over by Groupon. Last summer two Russian-American entrepreneurs Kirill Makharinsky and Serge Fauget launched tour sales online service Ostrovok.ru. The service is very similar to Gilt Groupe tour flash sales [...]