SIG Asia contributed to an $11m round for the hotel booking portal, boosting its overall financing to more than $18m.

Singapore-based hotel booking platform RedDoorz has raised $11m in a round featuring SIG Asia Investments, part of technology and trading firm Susquehanna International Group (SIG), E27 has reported.

The deal was also backed by International Finance Corporation, the private investment arm of multilateral development institution World Bank, as well as InnoVen Capital, a venture capital firm backed by Singaporean state-owned firm Temasek.

Jungle Ventures, DeepSky Capital, FengHe Group and Hendale Capital also contributed to the round. The company plans to…