Travel technology firm Guiddoo World Travels Pvt. Ltd has raised an undisclosed sum in fresh funding from two new investors.
In a statement, the Mumbai-based company said that US-headquartered venture capital firm SOSV and Australia-based VC firm Artesian, via its Chinese fund, have pumped in the capital.
Guiddoo said the money will be used to grow its footprint in China and to boost its product development and operations on the ground. Guiddoo also plans to add new destinations in the Middle East and Africa to its portfolio, the statement added.
The fundraiser comes three months after Guiddoo secured $800,000 (about Rs 5.6 crore then) in an extended pre-Series A round from three individual investors. In June 2017, it raised $300,000 (Rs 1.9 crore then) in a pre-Series A round from a bunch of individual investors.