“Cox and Kings has subscribed to the share offering of Radius through its Singapore subsidiary,” Cox and Kings said.
The company did not divulge the stake or the amount involved in the deal.
Cox & Kings operates in 20 countries through branch offices, subsidiaries, representative offices, franchised sales shops, global network of sales agents and caters to the overall travel needs of Indian and international tourists.
Radius is present in more than 3,600 locations across 80 countries and it will use the fund to rescale its infrastructure, it said.