Travel marketplace ixigo in talks to raise $75 mn in fresh funding

Vijayakumar Pitchiah

Le Travenues Technology Pvt. Ltd, which runs online travel marketplace ixigo, said on Friday that it was in talks to raise up ....

16 November, 2018

Travel portal Yatra’s revenue up 24% in Sept quarter, EBITDA loss narrows

Dearton Thomas Hector

Nasdaq-listed Yatra Online Inc, which operates travel portal Yatra.com through its Indian unit, reported higher revenues while ....

1 November, 2018
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Goibibo wants to put the fun back into vacation planning with AI

Payal Ganguly

How do you take the fun out of a holiday? When you need to recheck your bookings and confirm tickets or have to reschedule with ....

8 October, 2018

Why MakeMyTrip’s Deep Kalra is worried about the future of Indian startups

Binu Paul

MakeMyTrip chairman and group chief executive officer Deep Kalra has warned about a potential takeover of the Indian startup ecosystem ....

1 October, 2018

Can Yatra fly its way out of the red and defy investors' doubts?

Dearton Thomas Hector

In early 2017, online travel company Yatra Online Inc. signed up actor Ranbir Kapoor as its brand ambassador in a bid to raise ....

1 October, 2018

Himanshu Verma quits as Yatra tech chief; co-founder assumes additional role

Binu Paul

Himanshu Verma, chief technology officer (CTO) at Yatra Online Inc., has resigned from the Nasdaq-listed travel services company ....

24 September, 2018
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It's only August but 2018 is already the best year for Indian unicorns

Dearton Thomas Hector

More unicorns have emerged out of India in the first seven months of 2018 than in any previous year, as venture capital investors ....

10 August, 2018

Co-working space provider myHQ raises fresh funds

Dearton Thomas Hector

Delhi-based co-working space startup myHQ, run by JustWork Technologies Pvt. Ltd, has raised $500,000 (around Rs 3.4 crore) in ....

26 July, 2018

Hotel aggregator Treebo lays off 10% of its workforce

Vijayakumar Pitchiah

Bengaluru-based Ruptub Solutions Pvt. Ltd, which operates hotel aggregator Treebo, has let go about 10% of its nearly 800-member ....

23 July, 2018

Zomato appoints former MakeMyTrip exec to head food delivery business

Dearton Thomas Hector

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd said on Tuesday it has hired Mohit Gupta as the chief ....

3 July, 2018
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Online travel agency Cleartrip acquires Saudi Arabia's Flyin.com

Vijayakumar Pitchiah

Mumbai-based online travel agency Cleartrip Pvt. Ltd has bought the Saudi Arabia-based Flyin in its first cross-border acquisition. The ....

21 June, 2018

Paytm travel ticketing volume triples in FY18, aims for two-fold growth this year

Shweta Sharma

Digital payments firm Paytm sold over 38 million bus, flight and rail tickets in the financial year 2017-18, up three times from ....

16 May, 2018

Why travel marketplace ixigo is using AI to scan photos of hotels

Anirban Ghoshal

Online travel marketplace ixigo said on Thursday that it using artificial intelligence (AI) on its platform to help customers ....

12 April, 2018

Booking.com bets on non-hotel rooms to take on MakeMyTrip, Airbnb in India

Anand J

Travel website Booking.com will expand its offering of non-hotel accommodation in India, a top executive said, in a bid to gain ....

9 April, 2018

MakeMyTrip may acquire stake in OYO; to delist Treebo, FabHotels

Binu Paul

Online travel portal MakeMyTrip is further strengthening its renewed partnership with budget hospitality chain OYO by delisting ....

7 April, 2018

MakeMyTrip to power Flipkart's soft entry into OTA business

Vijayakumar Pitchiah

Homegrown e-commerce major Flipkart has partnered with online travel services provider MakeMyTrip to provide its users with travel ....

5 April, 2018

Adobe is betting on fin-tech, retail clients for next phase of growth

Anirban Ghoshal

Photoshop maker Adobe Systems' Indian subsidiary is betting on clients from sectors such as fin-tech and retail for its next ....

30 March, 2018

Cleartrip revenue growth hits a wall as competition intensifies

Anand J

Stiff competition and discounting in the Indian online travel segment seems to have adversely impacted online travel services ....

30 March, 2018

Flipkart may soon take on MakeMyTrip, Yatra with diversification into OTA business

Vijayakumar Pitchiah & Anand J

E-commerce major Flipkart  is looking to independently chart a course in the online travel agency (OTA) space and is gearing ....

26 March, 2018

Naspers raises $9.8 bn from 2% Tencent share sale; may invest in OLX, Swiggy, PayU

Anand J

South African technology major Naspers announced on Friday that it has raised $9.8 billion from the sale of 2% of its holdings in ....

22 March, 2018

Once blocked, OYO will now list its hotels on MakeMyTrip's platforms

Team TC

Budget hospitality chain OYO will now list its hotels on platforms run by MakeMyTrip as part of a partnership with the country's ....

26 February, 2018