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Posts Tagged ‘ Online travel ’

Is E-commerce Party Over In India?

Monday, February 20, 2012 | More »

While the general euphoria about the Internet sector, especially for e-commerce, suddenly went up (for the right reasons) immediately after MakeMyTrip’s successful IPO on NASDAQ (in Aug 2010), there have been rather mixed news flow for the e-commerce in India in the past one month. Are we puttin...


Exclusive: Another E-com Casualty – Travel Deals Site Vamoose.in Shuts Down

Vamoose Vacations Pvt Ltd (Vamoose.in), which was launched by TravelMart India Pvt Ltd, one of the early travel services providers in the country, has been shut down. The site Vamoose.in is currently offline. Earlier, e-com site Taggle, run by Bangalore-based Taggle Internet Ventures, closed due to...

14 December, 2011 | More »

Is GoIbibo The Fastest & Does It Really Matter?

Over the past five years, planning a vacation has become smoother and easier, so much so that checking for deals on flight tickets has become a second nature to many of us. The price-wars across online travel agencies such as MakeMyTrip, Cleartrip and Yatra have done consumers a world of good too. O...

8 December, 2011 | More »


Vriti Spins Off IndiaHotelReview.com & ConnectIndia.in; Wants To Sell IHR For $5M

Intel Capital and Jafco Asia backed Vriti Infocom has spun off two websites as it seeks to strategically re-align itself as an education company. Budget hotel booking and travel community site IndiaHotelReview.com (IHR) and ConnectIndia.in, a site that lets you compare mobile and Internet tariff pla...

28 November, 2011 | More »


MakeMyTrip Q2 Earnings Beat Estimates; To Acquire MyGuestHouse Accommodations

MakeMyTrip Ltd’s net profit has dropped nearly 90 per cent sequentially to $0.074 million for the quarter ended September 30, 2011 even as its bottomline improved substantially compared to loss of $1.8 million in the second quarter last year. The NASDAQ-listed online travel services firm also saw ...

8 November, 2011 | More »


We Will Add 500 Hotels Per Month: MakeMyTrip CFO Rajesh Magow

MakeMyTrip Ltd is India’s very own golden goose. Ever since its blockbuster IPO last year, the company has been tracked by Internet analysts and researchers across the globe as a representative of the country’s growing might in the online domain. It has grabbed more attention by stepping up on a...

12 September, 2011 | More »

MakeMyTrip’s Q1 Net Profit Shrinks; Revenues Jump

MakeMyTrip Ltd’s net profit has fallen 79.7 per cent on a sequential basis to $0.75 million for the quarter ended June, 2011. The net profit has also dropped 42.7 per cent, as compared to $1.31 million in the corresponding quarter last fiscal. Adjusted net income (profit for the period excluding e...

10 August, 2011 | More »

Travelocity Seeks Rs 167 Cr Damage From Cleartrip On Data Theft Charges

Update: The Bombay High Court has squashed the plea by Travelocity. A Cleartrip spokesperson has stated, “The Bombay High Court today rejected the plea for an injunction petition filed by Travelocity against Cleartrip; which was part of the civil suit, seeking damages of US$ 37.5 million. We stay ...

20 July, 2011 | More »

18.5 Million People Visit Online Travel Sites In India In April, 2011

comScore Inc., an internet marketing research company,on Friday released a study of the online travel industry in India. The study is based on data from its comScore Media Metrix service and according to the study there has been a 32 per cent increase in the number of visitors to travel sites in ...

3 June, 2011 | More »

Groupon India Ventures Into Travel Deals

Groupon India (Sosasta.com) has launched domestic travel deals on the website. Sosasta.com currently serves users in 11 cities in India and features a daily deal on the best stuff to do, see, eat, and buy. “We look forward to featuring world-class merchants in the travel industry, mitigating the p...

1 June, 2011 | More »

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