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Ukrainian online service Busfor raises next round of investment for USD 20mln

Ukrainian online service Busfor raises next round of investment for USD 20mln

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358 Venture capital & startups

Ukrainian online service Busfor raises next round of investment for USD 20mln

  • The service of online service for purchasing bus tickets informed that the funds had been channeled by the leading investment funds of the Baring Vostok and Elbrus Capital

Venture capital fund Inventure Partners also have increased its share of the service, the press release reads. The attracted funds will be channeled for marketing needs and strengthening of the leading position in the chosen geographical routes and locations.

Busfor is an international online service enabling to buy tickets for coaches. The service is available in Ukraine, the CIS and other Eastern European countries. Monthly audience of the service stands at 2mln of active users. At this, more than 5 000 transport operators are partners with Busfor at more than 20 000 routes. The founders are Ilya Yakushevskiy and Artem Artukhov. The service has attracted USD 25mln of investments since its start.

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