Online travel firm Yatra Online Private Ltd said on Wednesday it received Rs 2 billion in funds from investors including Valiant Capital Management, Norwest Venture Partners and Intel Capital.
Gurgaon-based Yatra provides reservation facility for more than 3,800 hotels across 336 cities in India and more than 90,000 hotels around the world.
"This round of funding will enable us to broaden our reach and brand awareness in tier two and tier three towns, which are experiencing tremendous growth in e-commerce," said Dhruv Shringi, chief executive officer, Yatra.
"In addition, we will use the funds to accelerate our expansion in the hotels and holidays segments," he added.
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