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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 ......

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SAIF Partners again pares stake in restaurant chain

Consumer

17 May, 2017

SAIF Partners again pares stake in restaurant chain

Venture capital and growth-equity investment firm SAIF Partners India Ltd has trimmed its stake in a restaurant chain for the ......

MakeMyTrip raising $330 mn from Naspers, others

TMT

03 May, 2017

MakeMyTrip raising $330 mn from Naspers, others

Nasdaq-listed online travel services provider MakeMyTrip Ltd is raising $330 million (Rs 2,116 crore) from South African technology group Naspers, ......

What MakeMyTrip's potential foray into budget hotels means for the segment

TMT

20 April, 2017

What MakeMyTrip's potential foray into budget hotels means for the segment

Online travel and accommodation player MakeMyTrip India Pvt. Ltd has been in a purple patch for quite some time.In October ......

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