Posts Tagged ‘ MakeMyTrip Ltd. ’
Thursday, March 2, 2017
Venture capital and growth equity investment firm SAIF Partners has won the News Corp VCCircle exit of the year award for its wonderfully-engineered exit from NASDAQ-listed MakeMyTrip Ltd, wherein it pocketed more than 16 times the money it invested in stages, underlining the importance of patience ...
Venture capital and growth-equity investment firm SAIF Partners has fully exited MakeMyTrip Ltd, according to the Nasdaq-listed online travel services provider’s filings with the US Securities and Exchange Commission. The investment firm sold its remaining stake in MakeMyTrip in the October-Decemb...
16 February, 2017 |
MakeMyTrip Ltd, India’s largest online travel services firm, posted an adjusted net loss of $5.9 million in the third quarter, an improvement over the $14.8-million adjusted net loss in the same quarter of the previous fiscal. The NASDAQ-listed company said on Tuesday its revenue less service cost...
31 January, 2017 |
The proposed merger of online travel agencies MakeMyTrip Ltd and ibibo Group has inched closer to completion with the Competition Commission of India approving the transaction. MakeMyTrip received a letter from the anti-trust watchdog clearing the merger on Friday, the NASDAQ-listed company said in ...
20 January, 2017 |
MakeMyTrip Ltd, India’s largest online travel services firm, on Wednesday reported a 27% rise in revenue for the second quarter thanks to strong growth in both air ticketing and hotel booking businesses. The NASDAQ-listed company said revenue for the quarter through September increased to $83.1 mi...
26 October, 2016 |
Yatra.com, one of India’s top online travel agencies (OTAs) that is set to get listed on NASDAQ through a reverse merger, will issue a small equity stake to Reliance Industries Ltd as part of a business arrangement, a person privy to the development told Techcircle. The proposed deal is linked to ...
24 October, 2016 |
Consolidation is not an unfamiliar word for new-age Internet businesses. It signals a maturing of the industry after a burst of innovation backed by venture capital money. If the roughly decade-old history of Indian Internet industry is scanned, the real take-off with consumer adoption started only ...
20 October, 2016 |
In the biggest consolidation move in the online travel agency (OTA) space in India, NASDAQ-listed MakeMyTrip Ltd has agreed to buy ibibo Group, which is co-owned by South African technology group Naspers Ltd and Chinese investment firm Tencent, in a stock deal. Naspers and Tencent, which own 91% and...
18 October, 2016 |
India’s largest online travel agency MakeMyTrip Ltd has reported 54.5% rise in net revenues (62.6% in constant currency) for the first quarter over the year-ago period powered by sharp jump in hotels & packages bookings. The NASDAQ-listed firm’s net revenues rose to $58.86 million fuelle...
27 July, 2016 |
India’s largest online travel agency MakeMyTrip Ltd has reported 3.5 per cent rise (9.7 per cent in constant currency) in net revenue for the three months ended December 31, 2015 to $36.3 million from $35.1 million recorded in corresponding year-ago quarter. Growth was led by the NASDAQ-listed fir...
28 January, 2016 |