Russia's Emerging Travel receives $10 mln in new funding round

07/04/2019 8:57:00 AM (GMT)

Emerging Travel Group, a Russian online hotel-booking platform, has raised $10 million in a fresh funding round.

The company secured the new funds from London-based investment management company LVL1 Group and the family office of Playrix co-founders.

With the money raised from the funding, Emerging Travel will more than double its global staff, scale RateHawk, further its investments in technology and boost international expansion.

Furthermore, Emerging Travel has secured a total of $63.7 million in over five funding rounds.

Emerging Travel Group

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