InVenture Partners, Intel Capital and FinSight Ventures Invest US$3 Million in Gill Business Systems (CEE and CIS)

Source: Gill Business Systems

Venture capital firms InVenture Partners, Intel Capital and FinSight Ventures have invested US$3 million in a Series A financing round for Ukraine-based bus ticket platform developer Gill Business Systems, which operates the Gillbus brand. Gill Business Systems consists of four ventures: a software development company in Ukraine and distribution and sales companies in Russia, Ukraine and Thailand. The company intends to use the capital injection for geographical expansion in Russia, Southeast Asia and Africa, as well as for further business development in Ukraine.