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Posts Tagged ‘ online travel agency ’

MakeMyTrip Q2 revenue rises 27%, loss triples

Wednesday, October 26, 2016 | More »

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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...

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Exclusive: Yatra.com to issue small stake to Reliance

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 | More »

Dhruv Shringi, Co-founder, Yatra.com

We didn’t want to compromise growth by going in for M&A, says Yatra’s Dhruv Shringi

One of India’s fastest growing online travel agents and consumer travel platform Yatra Online has entered into a merger agreement with Terrapin 3 Acquisition Corporation, a NASDAQ-listed special purpose acquisition firm. The deal, which values Yatra Online at $218 million, was announced on July 14...

14 July, 2016 | More »

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Why acqui-hiring mGaadi makes sense for Yatra

Gurgaon-based Yatra Online Pvt Ltd has acqui-hired the operator of autorickshaw aggregator mGaadi and employee transport services provider Cartr in a deal that will help the online travel agency boost its offerings and better compete with rivals in a crowded market. Yatra, which competes with OTAs s...

22 June, 2016 | More »

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Goibibo rolls out travel-based social network

Online travel agency (OTA) Goibibo.com, part of South African digital media firm Naspers, has rolled out a travel social network on its mobile app titled, ‘GoContacts’ which enables users to get connected on Goibibo app using their phone books. “By launching GoContacts, we are further strength...

20 June, 2016 | More »