Oktogo, a Russian startup company we covered a good many times, has secured an additional $2 million in funding from MCI Management private equity.
Russian online hotel reservations service Oktogo.ru has announced the most popular CIS cities for Russian travelers for May holidays. The top cities, Minsk, Tashkent, Almaty, Baku, Kiev, Yerevan, Kishinev, Astana, Bishkek and Lvov beat out Georgia’s Tbilisi.
Oktogo.ru has been recently included in The Top 10 Russian Internet Brands Out to Conquer the World by The Moscow Times.
Russia’s leading hotel booking website, Oktogo.ru with Synovate Comcon, have made a study about Russians’ travel habits, focusing on Moscow and St. Petersburg.
In yet another sign that year 2012 is going to be a very encouraging one for up-and-coming travel brands, Russian OTA Oktogo.ru has just announced a new dose of financing to the tune of $10 million, which it says it will use to revolutionize Russia’s travel sector.