Aviasales Raises $43M in Funding

Aviasales, a Moscow, Russia-based TravelTech firm, raised $43m in funding.

Backers included Elbrus Capital Fund III and iTech Fund II.

The firm intends to make use of the funds to launch new merchandise and speed up progress throughout worldwide and home markets, to additional develop its company journey service, and Travelpayouts, a worldwide platform for automated online marketing.

Led by Max Kraynov, CEO, Aviasales is a journey metasearch platform with a month-to-month viewers exceeding 15 million customers and an estimated gross merchandise gross sales quantity in 2021 of greater than $1.6 billion. Travelpayouts is a worldwide platform for journey online marketing, which has over 300,000 affiliate companions worldwide and greater than 90 journey advertisers, together with Booking.com, BlaBlaCar, GetYourGuide, Viator, Agoda, and others.

FinSMEs

09/08/2021

 

https://www.finsmes.com/2021/08/aviasales-raises-43m-in-funding.html

Recommended For You