LUXURY & LIFESTYLE
Online Tour Operator, BookingKit secures a seven-digit in Series A funding.
The German company has made plans to use this investment to upgrade and develop its existing technology. Investment bodies like INTERMEDIA, HIGH TECH GRUNDERFONDS and Robert Kabs led the investment. This adds to the spate of fund raising activities in the Tech Startup space in Europe.
31 May 2016/ Tnooz
Media Company HT MEDIA LTD (IND) acquires Lifestyle e-tailer KOOVS.COM (IND) for USD 4.4 M
The transaction would give HT MEDIA 8.3% of KOOV PLC and this strategic investment will come against the backdrop of recent fund raising efforts that amounted to USD 32 M. Funds will be used to support the 189% sales growth in the past year.
30 May 2016 / VCCircle