Håvar Bauck, the Norwegian entrepreneur who hit the news earlier this year over his dealings with controversial Polish tech entrepreneur Marek Zmyslowski announced yesterday that his Kenyan travel tech startup HotelOnline had raised $320 000.
The company provides solutions for e-commerce and digital marketing to more than 1500 hotels in 18 markets across Africa and South Asia.
The new investment was raised from existing shareholders (according to Bauck these include 68 shareholders mainly from Norway, Nigeria, Senegal, Kenya and Poland) and two new investors — Shravan Shroff, the co-founder of India’s first angel investor-backed start-up accelerator, Venture Nursery and Norwegian investor Trond Riiber Knudsen. Shroff has joined HotelOnline’s board.