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Oktogo.ru and Ostrovok Got $65M VC Funding

Files under: News
Posted by: admin @ 23:17 [26. 03. 13]

The Russian hotel booking site Ostrovok raised $25 million from General Catalyst, Accel Partners, Yuri Milner and others. Two weeks ago its local competitor Oktogo.ru raised $11 million. The pair have got a total venture capital funding of some $65 million over tha past two years. The Russian online travel market is valued at $10 [...]

Russian Deal Round-Up: Oktogo.ru, Hearst Shkulev Digital, Yandex

Files under: News
Posted by: admin @ 01:57 [17. 03. 13]

The group of venture capital firms VTB Capital, Mangrove Capital Partners, Ventech and Victor Sazhin Group has invested $11 million in Oktogo.ru, a leading hotel booking site in Russia. Founded in 2010, Oktogo.ru is headed by CEO Marina Kolesnik.  Focused on Russian travelers, Oktogo.ru offers more than 5,000 hotels in Russia and 250,000 hotels worldwide. [...]

Fast Company Names Top 10 Most Innovative Companies in Russia

Files under: News
Posted by: admin @ 12:19 [11. 02. 13]

Fast Company has named The World’s Top 10 Most Innovative Companies in Russia. 1. Oktogo Why? For bringing online travel booking to a distrustful country. Only 10% of business in Russia is handled online, and yet this online travel-booking company made $30 million last year, up from $6 million in 2011. It’s done so by [...]

Russian Deal Round-Up: Oktogo, Lamoda, ivi

Files under: News
Posted by: admin @ 03:28 [16. 09. 12]

The leading Russian online hotel booking site Oktogo.ru has been named the best Internet service of the National Geographic Traveler Awards 2012. Launched in 2010, Oktogo.ru offers over 3,000 hotels in Russia and 250,000 hotels worldwide. The service is funded by Mangrove Capital Partners and VTB Capital. The announcement was made at a ceremony held [...]

Russia’s Federal Agency For Tourism Reveals New Brand and Logo of Russia

Files under: News
Posted by: admin @ 01:17 [13. 08. 12]

The Federal Agency for Tourism of Russia (Rostourism) has announced a new brand identity of Russia for tourism including new logo and slogan. The new logo says MyRussia (Моя Россия). Its slogan is Reveal your own Russia (Открой свою Россию). MyRussia visual identity is written in colors of the Russian flag where “My” is handwritten. [...]

Oktogo.ru Competitor, Svyaznoy Travel to Launch Online Hotel Booking

Files under: News
Posted by: admin @ 23:08 [1. 08. 12]

Valued at more than $7 billion in 2012 and growing 50%+ per year, the Russian online travel market keeps attracting new entrants. After Kayak and Travel@Mail.ru, one of Russia’s leading retail chains, Svyaznoy, which sells mobile phones, notebook computers, cameras and respective accessories, has launched online hotel booking service at its travel site, Svyaznoy Travel [...]

Travel@Mail.ru Is Now With New Hotel And Flight Search

Files under: News
Posted by: admin @ 22:35 [26. 07. 12]

Travel@Mail.ru, a travel section of the leading Russian online portal Mail.ru, has launched a new hotel search. Update: The search now returns results from various online booking services. Its Russian online hotel booking counterpart Oktogo.ru also recently relaunched its hotel search with maps and filters. Travel@Mail.ru offers search of airline tickets and tour packages. The [...]

Mangrove Connects Football and Venture Capital; Launches New Website

Files under: News
Posted by: admin @ 13:56 [7. 04. 12]

What is in common between football (soccer) and venture capital? Now, we know. Marc Ingla, former vice chairman of FC Barcelona who managed sponsorship, media and football affairs at Barça for five years, has joined Mangrove Capital Partners, the premier European early-stage venture capital firm, as its new Partner. Marc Ingla was very instrumental in [...]

Travel Meta-Search Momondo And Oktogo.ru To Partner For Russian Hotel Booking

Files under: News
Posted by: admin @ 17:00 [6. 02. 12]

The pan-European travel meta-search engine Momondo has partnered with Oktogo.ru, the leading Russian travel and hotel booking site, reported newspaper Kommersant. Oktogo.ru will power Momondo‘s search results with hotels from its database. The Russian online hotel booking market reached $1 billion last year. In early 2011, Oktogo.ru received $5 million from European venture capital investors. [...]

Top 10 Russian Web Startups of 2011

Files under: News
Posted by: admin @ 06:21 [22. 12. 11]

In September 2011, Russia became the largest Internet market in Europe with 51 million online users. Who are the top emerging internet companies that disrupt the Russian market. Find out below a list of top 10 Russian web startups of 2011. 1. Oktogo.ru Having raised $5 million in venture capital from European early-stage investors, Oktogo.ru [...]

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. [...]

Pixonic Funded by Ventech, Kite Ventures and TA Ventures

Files under: Enterprise, Inside View, Mobile, News, Tech, Web 2.0
Posted by: admin @ 06:24 [30. 05. 11]

Social game publisher Pixonic is one of the social game publishers in Russia. It was first funded by AddVenture. The Russian leading online travel agency Oktogo.ru venture capital investor Ventech as well as Kite Ventures of Edward Shenderovich and TA Ventures of Ukraine has put $5 million in Pixonic at a valuation of ca. $10 [...]

Travelmenu.ru Raises $1.6 Million from Almaz Capital and Runa Capital

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 [...]

SuperAngels-backed Oktogo.ru Closes $5 Million from Mangrove, ABRT and Ventech

Files under: News, Tech, Web 2.0
Posted by: admin @ 03:06 [5. 04. 11]

The leading European early-stage venture capital firm Mangrove Capital Partners has led $5 million investment round in Oktogo.ru, Russian online hotel booking service. Mangrove‘s partner Mark Tluszcz confirmed the investment on his Twitter. Other investors included ABRT Fund and Ventech. The so-called “SuperAngels“: Fabrice Grinda (co-founder of OLX), Jose Marin (IG Expansion), Javier Perez-Tenessa (founder [...]