Russian tourist service OneTwoTrip raises $16M

A service for flights online booking and sale Onetwotrip.com was launched by Peter Cutis in May, 2011. It is noteworthy that Cutis was one of the founders of a tourist site Anywayanyday.com, which is today considered as one of the main Onetwotrip's competitors ( to conduct a private placement of its shares). Monthly turnover of Onetwotrip, according to the company, was $30M in June 2012, and this figure could reach $400M for the year. The service has 20K unique visitors per day, more than 3.5K booked tickets every day. The website gains from a fee of 6-7% for each ticket.
Received investment confirms the desire of investors to invest in the Russian online tourist market. Recall that another participant of the market, Oktogo.ru company, attracted additional $10M in May from a group of investors led by VTB Capital Bank.
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