Russian startup Travelmenu offloads technology but investor still claims success

travelmenu

What’s going on at Russia-based Travelmenu, a startup which specialises in online package holidays?

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Russian OTA Oktogo nets $11 million round

oktogo.ru

Venture capital firms participating in this round include VTB Capital, Mangrove Capital Partners and Ventech, while the angel investors are Javier Perez-Tenessa, Fabrice Grinda, and Jose Marin, says a report.

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Online travel in Russia by numbers

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Russian travelers spend about 16 billion dollars a year on travelling abroad

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The Scan: Russia OTA funding, airport self-service stats, movers and shakers and more travel tech news

travelata

Odigeo, Oktogo, Travelata, Hudson Crossing, GraysEscape, iV Platform, CarTrawler, Expedia, Lufthansa Systems, LateRooms and SITA self-service all make the cut for our roundup of the stories making news and driving opinion on December 4.

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The Scan: Russian OTAs are booming, and more travel tech news

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Oktogo, Sindbad, Kuoni, lowcostholidays.ie, and AirBerlin, all appear in our roundup of the stories making news and driving opinion on 5 November.

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Russian travel distribution shoots Sputnik-like into a new age

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There is a revolution of sorts (if you pardon the expression) taking place around the development of travel distribution in Russia.

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Amargo bids for larger slice of Russia pie with website upgrade

amargo

Russia-based online travel agency Amargo makes for some good insight into the region’s online travel if you believe current growth figures and market predictions

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Oktogo secures $10M investment deal from VTB Capital

oktogo

Another week, another encouraging sign that money is continuing to flow into up and coming travel brands with Russian online travel agency Oktogo raising $10 million this week.

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Russia open for online travel investment but do the numbers alone make it attractive?

russian travel

The Russian travel market was given two slots at today’s Phocuswright@ITB session mostly because of the huge growth figures the sector is experiencing

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Momondo builds presence in Russia with Oktogo partnership

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Momondo is building out its Russian content through a partnership with hotel specialist Oktogo.

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