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Cleartrip eyes expanding hotel business this year

Consumer

23 January, 2023

Cleartrip eyes expanding hotel business this year

Hotels will be the single biggest focus area for Flipkart-owned travel portal Cleartrip following the re-launch of the vertical about ......

Angel investors back restaurant chain Burma Burma

Consumer

10 January, 2023

Angel investors back restaurant chain Burma Burma

Hunger Pangs Pvt Ltd, which operates restaurant chain Burma Burma and Tea Room, on Tuesday announced that it has raised an undisclosed amount in a round ......

Nomura-backed RateGain acquires Adara for $16 mn

TMT

03 January, 2023

Nomura-backed RateGain acquires Adara for $16 mn

Travel and hospitality technology services provider RateGain Travel Technologies Ltd on Tuesday said it has entered into a pact to ......

Oyo reports 8x rise in EBIDTA, losses narrow ahead of IPO

TMT

27 November, 2022

Oyo reports 8x rise in EBIDTA, losses narrow ahead of IPO

IPO-bound global travel tech firm Oyo has reported an eight times rise in adjusted EBITDA at Rs 56 crore in ......

Radisson partners with PE-backed Treebo Hotels to double India footprint

Consumer

10 November, 2022

Radisson partners with PE-backed Treebo Hotels to double India footprint

American multinational hospitality company Radisson Hotel Group has launched its new midscale brand, Park Inn & Suites by Radisson, exclusively ......

IPO-bound Oyo appoints personnel to enhance service tech, push revenues

TMT

07 October, 2022

IPO-bound Oyo appoints personnel to enhance service tech, push revenues

Hospitality and travel-tech startup Oyo, formally known as Oravel Stays Ltd, on Friday announced the appointment of Shreerang Godbole as ......

Oyo's valn dips in private market after SoftBank's markdown

Finance

05 October, 2022

Oyo's valn dips in private market after SoftBank's markdown

The valuation of IPO-bound Oyo in the private market has dipped to around $6.5 billion, reported news agency PTI, after ......

Premium
PE-backed RateGain to earmark Rs 80 cr for M&A activities

TMT

14 September, 2022

PE-backed RateGain to earmark Rs 80 cr for M&A activities

Publicly listed travel and hospitality technology services provider RateGain Travel Technologies Ltd has earmarked Rs 80 crore for inorganic growth ......

Space Matrix ​acquires Pursuit​e, onboards Koovs exec as global CTO

TMT

15 June, 2022

Space Matrix ​acquires Pursuit​e, onboards Koovs exec as global CTO

Singapore-headquartered international design firm Space Matrix has acquired Pursuite, a B2B e-commerce platform in the hospitality sector. Pursuite provides online ......

GIC, Nomura, others invest Rs 599 cr in RateGain Travel Technologies as anchors

Consumer

07 December, 2021

GIC, Nomura, others invest Rs 599 cr in RateGain Travel Technologies as anchors

Travel and hospitality technology services provider Rategain Travel Technologies Ltd raised Rs 599 crore (around $80 million) from Government of Singapore ......