Startup Paying Users’ Air Tickets Raises Funding
Mihuru, a startup that provides micro loans to air travelers through its online platform recently raised a seed funding of $150,000 (Rs 99.3 lakh) from several entrepreneurs and investors with high net worth. However, the startup did not reveal the names of its investors.
The funds will serve to expand the portfolio of products and services offered by the startup, grow its team and foray in different travel sectors.
“Mihuru will also expand into credit products for travel verticals other than flights,”
said Shruti Mehrotra, co-founder and chief executive of Mihuru.
The founder also shared that the funds raised will allow the company to provide an innovative platform that will allow its users to split payment for their entire trip across months and payment methods.
The Mumbai-bas...