Travel Search Engine Wego has Raised $17 mn from PE Investors & Tiger Global

WegoTravel search engine Wego has raised $17 mn to invest in its growth in the Asia Pacific & Middle east region, the company said in a statement.

Private equity firms Crescent Point and Victoria Capital have joined existing investors Tiger Global, the Singapore headquartered company said.

The portal wants to use this capital to improve on its product and grow its team.

The meta search engine launched in India in May 2012 with price comparison of flights, hotels, holiday packages and deals from over 150 websites. It had partnered with  Yatra, Makemytrip, Cleartrip, Expedia, Via in OTA, Lemon Tree, Accor and Taj Group in hotel chains, Myguesthouse, Stayzilla, India Hotel Review in budget accommodations and many others.

To localise its content, the site launched support for Hindi, Gujrati, Punjabi, Tamil and Bengali.

Wego had earlier acquired HolidayIQ.

Leave a Reply