The investment will be focused on extending ibibo's presence in the Indian hotels category and on additional technology innovations, ibibo Group and Naspers said in a joint statement.
Launched in February, Djubo has enabled hotels to digitise their price and inventory, as well as manage bookings from all channels including online agencies, their own websites and travel agents through a cloud based tool.
The group, which owns portals like Goibibo.Com and redBus.In among others, currently clocks transactions worth over Rs 1,000 crore per month.
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