MakeMyTrip Raises $15 million From Tiger Fund, Sierra, SAIF Partners And Helion Venture Partners

Entities Mentioned

• Norwest Venture Partners
• Yatra
• VC Circle
• DAG Ventures
• Reliance Capital
• SAIF Partners
• Battery Ventures
• Deep Kalra
• Online Travel Agency
• Sequoia Capital India

1. Online Travel Agency (OTA) MakeMyTrip.com (MMT) has raised $15 million in Series C funding from Tiger Fund, SAIF Partners, Sierra Ventures and Helion Venture Partners, reports VC Circle. Of the $15 million, Tiger Fund has invested $8 million. Around a year ago, MakeMyTrip had raised $13 million from SAIF, Helion and Sierra. This is the third time SAIF is investing in MMT, after investing $10 million in May 2005. MMT CEO Deep Kalra has told VC Circle that the company has commission revenues of $2 (Read Full Article)

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