Thursday, February 02, 2006
VC Money Pouring into Indian Travel Market
(Via VC Circle) First came news that Westbridge Capital Partners had invested in Travelguru, which incidentally gives you some excellent fares both domestically within India and also on international routes. Now, Cleartrip has picked up about $3 million in first round funding in Kleiner Perkins' first big investment in India. Clearly, it's not just the growing number of airlines and aircraft purchases that are pointing to India's booming travel sector.
