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Oyo raises $250 mn in Series D round from SoftBank, Hero promoters & others

TMT

07 September, 2017

Oyo raises $250 mn in Series D round from SoftBank, Hero promoters & others

Branded budget hotels marketplace OYO has raised $250 million (Rs 1,600 crore) in a Series D round of funding led ......

Ibibo Group founder and MakeMyTrip president Ashish Kashyap resigns

People

06 September, 2017

Ibibo Group founder and MakeMyTrip president Ashish Kashyap resigns

Online travel services provider MakeMyTrip Ltd’s president Ashish Kashyap has resigned from the company, the Nasdaq-listed firm said on Wednesday.Kashyap’s ......

Travel-tech startup GoFro raises $10 mn in Series B round

TMT

06 September, 2017

Travel-tech startup GoFro raises $10 mn in Series B round

Delhi-based Bona Vita Technologies Pvt. Ltd, which operates travel booking startup GoFro, has raised $10 million (Rs 64.21 crore) in ......

Only 3-4 OTAs will survive in India and two will make money: MakeMyTrip's Kalra

TMT

01 September, 2017

Only 3-4 OTAs will survive in India and two will make money: MakeMyTrip's Kalra

MakeMyTrip Ltd, India’s largest online travel agency (OTA), is focussing on its hotel business to drive revenue and growth. The ......

Budget hotel chain Treebo raises $34 mn in Series C round

TMT

30 August, 2017

Budget hotel chain Treebo raises $34 mn in Series C round

Budget hotel chain Treebo Hotels has raised $34 million (Rs 220 crore) in its Series C funding round led by ......

Away from spotlight, this former Tiger Global MD is bootstrapping an edtech startup

TMT

22 August, 2017

Away from spotlight, this former Tiger Global MD is bootstrapping an edtech startup

Even as New York-based hedge fund Tiger Global continues to make headlines with its large portfolio of Internet companies, some ......

MakeMyTrip Q1 net revenue more than doubles, loss widens

TMT

09 August, 2017

MakeMyTrip Q1 net revenue more than doubles, loss widens

MakeMyTrip Ltd, India’s largest online travel services firm, said on Wednesday its net revenue for the quarter through June more ......

Travel-tech startup ExploreLifeTraveling gets seed funding

TMT

22 June, 2017

Travel-tech startup ExploreLifeTraveling gets seed funding

Travel-tech startup ExploreLifeTraveling India Pvt. Ltd has raised its first external round of funding from a clutch of investors, a ......

PE fund Emerging India invests $50 mn in travel-tech startup Goomo

TMT

05 June, 2017

PE fund Emerging India invests $50 mn in travel-tech startup Goomo

Singapore- and Mumbai-based Goomo Holdings Services India Private Limited, which operates online travel and holiday booking platform Goomo, has raised ......

IAMAI names Google India MD Rajan Anandan as new chairman

TMT

25 May, 2017

IAMAI names Google India MD Rajan Anandan as new chairman

The Internet and Mobile Association of India (IAMAI) has appointed Google India managing director and angel investor Rajan Anandan as ......