MakeMyTrip Invests $5mn In Bona Vita, Startup By Ex-Snapdeal CTO

MakeMyTrip has invested $5 million in Bona Vita Technologies acquiring majority shareholding on a fully diluted basis, the company has informed US Securities and Exchange Commission as part of its quarterly filings.MakeMyTrip

Bona Vita is started by Amitabh Misra, who earlier was CTO at Snapdeal. Bona Vita intends to use the cash proceeds to build differentiated products in the travel industry.

MMT earlier acquired MyGola and recently invested $15mn in HolidayIQ

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