Vietnam-based online travel firm Vntrip has raised an undisclosed amount from Singapore- and China-based Jubilee Capital Management, according to the company’s announcement.

The funding is part of a pre-Series C round as the company targets a Series C capital infusion later this year. In March, Vntrip CEO Le Dac Lam told DEALSTREETASIA that his company raised a top-up funding from existing investor Hendale Capital. The Hong Kong-based venture capital firm initially invested $10 million in Vntrip in 2017, following a $3 million Series A funding Vntrip secured a year earlier. The Vietnamese startup went on raising another investment in 2018 from Swiss investment firm IHAG Holding and acquiring online ticketing platform Atadi in the same year.

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