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    Travel portal HappyEasyGo raises Rs 350 crore

    Synopsis

    The company, promoted by Boris Zha, a Singaporean national, raised the funds from Korea Investment Partners (KIP), SamsungVenture Investment Corporation (SVIC), UOB Venture, 10 Fund, CVCapital, Zero2IPO Ventures and M&S Partners among others.

    The company plans to utilize the funds on its air ticket business and developing the hotel division in India.
    MUMBAI: HappyEasyGo, an online travel portal, said it has raised Rs 350 crore from its investment partner in its Series-B financing.

    The company, promoted by Boris Zha, a Singaporean national, raised the funds from Korea Investment Partners (KIP), SamsungVenture Investment Corporation (SVIC), UOB Venture, 10 Fund, CVCapital, Zero2IPO Ventures and M&S Partners among others.

    The company plans to utilize the funds on its air ticket business and developing the hotel division in India.

    Its air ticketing business has a user base of over 10 million. In a statement, founder Zha said he expects the hotels business to be running 3,000 bookings a day.

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    The Economic Times