Smartairtrip raises $10 million; valued at $100 million

Smartairtrip.com has raised $10 million in funding for 10% equity in the company, raising its valuation to $100 million. The company offers exclusive deals to travel agents with rich airline and hotel content (claims to offer the highest commissions in the travel industry).
India's Fastest Growing Global Travel Company Smartairtrip.com raises $10 Million in an Initial Round of Funding
The newly raised funds will be used to enhance technology, strike exclusive deals with hotels and airlines, expand operations and marketing.
The company is in the process of filing its prospectus for going public on the BSE, and will list its ADRs on the NASDAQ stock exchange in the next financial year.

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