Each week we create a roundup of travel startups that have received or announced funding that week. The total amount raised this week was $404.6 million.
Here are three companies that announced they raised funding this week, listed in order by the highest amount raised. See previous roundups here.
>>Ola raised a $400 million Series E round from nine investors including new investors ABG Capital and Falcon Edge Capital and existing investors Tiger Global Management and Steadview Capital bringing the Bangalore, India-based startup’s total funding to $1.6 billion.
The mobile app cab-booking company was founded in 2010. Ola has more than 40,000 cars across 22 cities in India and continues expanding as it earmarks $100 million of this new investment to grow its recently acquired TaxiForSure business. The company says it will also use the investment to add another 100 cities by next year.
>>Ceetiz raised a $3.2 million seed round from new investors BPI, Entrepreneur Venture, Sigma Gestion, HPC, Jacques-Antoine Granjon and Charles Petrucelli.
The France-based activities startup was founded in 2012 and is an international booking platform for unique cultural, sporting and recreational activities. Ceetiz has 8,000 activities in more than 220 destinations and the company plans to use this investment to overhaul its technology platform.
>>Minube raised a $1.4 million Series A round from new investors Venture Bonsai and Fundación José Manuel Entrecanales and existing investor Kibo Ventures, bringing the Madrid, Spain-based startup’s total funding to $1.9 million.
Minube enables travelers to read reviews posted by others, compare hotel and flight prices and share their experiences. Founded in 2007, the company says its new funding will go towards helping expand throughout Europe and Latin America as well as developing new products to drive organic growth.
Minube’s new photo album tool launched in December led to more than 100,000 photos being shared on the site each month since then, the company states. Last year, Minube received 60 million visits and currently has 1.3 million registered users.