Batuta Raises a US$2.5 Million Series A Round from Siraj Fund Management Company (MENA)

Source: Batuta

Palestine-based online travel site Batuta has raised a US$2.5 million Series A round of funding from Palestine-focused private equity fund manager Siraj Fund Management Company. The transaction was structured through Siraj Palestine Fund I. The company will use the new funds to grow its core business and develop a new booking platform.