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Close on the heels of its acquisition of Bookmycab in March, travel and transport firm Wings Travels is close to acquiring another startup, this time in the staff transportation technology space, the Pune-based company's Founder Director, Arun Kharat told DEALSTREETASIA.
The company is in the process of raising $15 million from global venture capital funds, however, the acquisition will be paid for through its internal accruals. The company has appointed BDO India LLP as a consultant to help raise the funds, which will be through promoter stake dilution.