Reliance to invest in travel portal

Reliance Capital along with Norwest Venture Partners and
TV18 Group would fund Yatra Online, an online travel services company. Norwest
Venture Partners (NVP) is Promod Haque's leading venture capital firm, while
Television 18 Group (TV18) is part of news broadcaster CNBC's bouquet of
channels. Aiming to capitalize on the travel boom, Yatra Online will try to
offer all services including helping the travelers find, compare and select the
best flight and hotel packages and deals.