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Oktogo.ru Raises $10 Million From VTB Capital, Mangrove Capital And Ventech

Files under: News
Posted by: admin @ 04:24 [20. 03. 12]

The leading Russian online hotel booking and travel site Oktogo.ru has announced that it raised $10 million from VTB Capital, Mangrove Capital Partners, Ventech Capital and ABRT. Russia’s largest bank VTB asset management arm VTB Capital was the lead investor in the round. The new investment will be used to expand Oktogo.ru‘s hotel database in [...]

VTB Capital To Invest $10 Million In Oktogo.ru

Files under: News
Posted by: admin @ 17:25 [9. 02. 12]

‘Booking.com of Russia’, Oktogo.ru has raised $10 million from VTB Capital, investment arm of Russia’s leading banking group VTB Group. According to newspaper Kommersant, VTB Capital obtained one-third of the company’s equity capital, valuing Oktogo.ru at $30 million post-money. Oktogo‘s hotel booking sales are expected to reach $30 million in 2012. The Russian online hotel [...]

Oktogo.ru And TripAdvisor Team Up On Hotel Reviews In Russia

Files under: News, Web 2.0
Posted by: admin @ 23:56 [2. 08. 11]

The leading hotel booking website in Russia, Oktogo.ru has partnered with TripAdvisor, the world’s largest travel site. The users of Oktogo.ru will see TripAdvisor‘s hotel reviews. TripAdvisor will get access to Oktogo.ru‘s extensive database of the Russian hotels and reviews. Launched in 2010, Oktogo.ru raised $5 million from Mangrove Capital and Ventech in April 2011. [...]