Wednesday 6 June 2007

US venture fund invests $5 mn in Indian travel firm

Bangalore, June 6 (IANS) NEA-IndoUS Ventures, a venture capital co-founded by tech evangelist Vinod K. Dham and seasoned Silicon Valley entrepreneur Vani Kola, has invested $5 million in Via, India's leading travel services firm.

The first round of funding in Via, set up as FlightRaja last year, will be invested in expanding its products and service offerings, besides its presence through a network of agents, kiosks and franchises across the country.

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