"Today's The Economic Times has some financial details of the deal. Travelguru is being capitalised with a $10 million funding, and it is projecting revenues of $100 million in five years if the buoyancy in the sector sustains. An American VC is tipped to join WBCP in this round of capitalisation shortly, although company officials refused to comment. According to Damera, Travelguru was rolled out with about $2,50,000 of initial funding raised partly -accounting and legal fees - from the Harvard Business School and rest from family and friends. The promoters hold nearly half the equity in the company. The company is modeled on the basis of Expedia, which had become a $6 billion company in market cap in 10 years."