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Posts Tagged ‘ OTA ’

Exclusive: Yatra.com to issue small stake to Reliance

Monday, October 24, 2016 | More »

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 ...

MakeMyTrip-ibibo merger

MakeMyTrip-ibibo merger: What it means for hotel aggregators

The merger between MakeMyTrip and Naspers-owned ibibo Group could benefit hotel aggregators in India in more ways than one. To begin with, it will reduce cash burn and discounting, founders of several hotel aggregation platforms told TechCircle. On Tuesday, NASDAQ-listed and India’s oldest onl...

20 October, 2016 | More »


MakeMyTrip hotel bookings jump four-fold in Q1 but losses climb

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 | 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 »


Consolidation in OTA space still 2-3 years away: Yatra’s Manish Amin

At a time when almost every sector in the consumer internet space is looking at consolidation, the online travel agency (OTA) segment still hasn’t seen too many mergers or acquisitions. And Yatra co-founder and CIO Manish Amin believes it will remain that way for some time. “The online trave...

25 April, 2016 | More »


Cleartrip partners with redBus, Travelyaari to offer bus ticketing

Cleartrip Travel Services Pvt Ltd, which runs the online travel booking site Cleartrip.com, has started offering bus ticketing on its site. For the same, the company has partnered with bus ticketing sites redBus and Travelyaari. The OTA already offers bookings for hotels, flights and trains. For rev...

25 July, 2013 | More »


Travelguru.com unveils extranet API TGConnect for hoteliers

Mumbai-based DV Travels Guru Pvt Ltd, which runs hotel distribution network site Travelguru.com, has unveiled TGConnect, an extranet (private network) API for hotel partners and channel managers–the  API  helps them exchange automated real-time updates on hotel rates and inventory. It also...

4 July, 2013 | More »


Travel planning cum hotel-booking site Tripstor banks on social connect to carve a niche

Ranking Analytics Pvt Ltd, the company that owns and operates Tripstor.com, comes across as yet another new generation firm targeting the now crowded online travel agency (OTA) business. One of the startups which showcased its product at Techcircle Demo India event recently, Tripstor seeks to differ...

29 April, 2013 | More »


Indian OTA market is still pretty nascent: Cleartrip’s Stuart Crighton

Cleartrip Travel Services Pvt Ltd, which runs the online travel booking site Cleartrip.com, is one of the top Indian OTAs and has attracted over $70 million in funding from various investors including Concur Technologies, Kleiner Perkins Caufield & Byers, Sherpalo Ventures, Draper Fisher Jurvets...

26 April, 2013 | More »


App Tracker: A no-holds-barred look at how the apps of OTAs stack up

Are you a Gen Y traveller, digging up more travel apps than you could possibly use to make sure you have a hassle-free trip? Well, so are we, and hence we are kicking off our weekly coverage of the app universe, with the live apps of online travel agents (OTAs) – available on iOS and […]...

23 April, 2013 | More »

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