Mantis, the operator of bus ticket platform Travelyaari, has taken its 2016 funding to $10m and will spend the cash on product and network development.
Mantis Technologies, the India-based operator of online bus ticketing platform Travelyaari, has secured $7m in a series B round led by media group Bennett Coleman and Co (BCC).
GVFL, the venture capital firm that led a $3m bridge round for the company in March this year, also took part in the round. The firm, previously known as Gujarat Venture Finance, invested an undisclosed amount in Travelyaari in 2011.
Launched in 2007, Travelyaari runs an online bus ticket selling platform as…