RSI I Fund, a subsidiary of human resources provider Recruit Holdings, has led a $5m series A round for Mystifly, the India-based operator of business-focused airline booking platform MyFareBox, the Economic Times reported on Tuesday. The funding, closed at a $38m valuation, will be invested in sales, marketing and product development as Mystifly, which has around 190 employees, looks to expand internationally.

Siemens Venture Capital, the corporate venture capital arm of appliance and industrial product manufacturer Siemens, added an undisclosed…