3i to invest in Otravo-backed VakantieDiscounter.

3i, a multinational investor, agreed to invest in Otravo-backed VakantieDiscounter, a technology-enabled online travel agency. Financial terms were not disclosed. "VakantieDiscounter offers the widest selection of affordable package holidays in the market through a focused, online-only offering. The scalable tech platform will allow VakantieDiscounter to continue its long term track record of growth and its recovery from the pandemic. We have the opportunity to partner with a high-quality, ambitious management team and we believe there is significant potential ahead to accelerate VakantieDiscounter’s success," Boris Kawohl, 3i Partner.