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VC-backed travel portal Yatra scraps merger with Ebix, initiates litigation in US Court

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06 June, 2020

VC-backed travel portal Yatra scraps merger with Ebix, initiates litigation in US Court

Nasdaq-listed Yatra Online, Inc. has filed a lawsuit against Ebix Inc. in a US court over breaches of merger agreement ......

Yatra locked in arbitration over deal with Air Travel Bureau

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07 June, 2019

Yatra locked in arbitration over deal with Air Travel Bureau

Nasdaq-listed travel portal Yatra Online, Inc. is locked in an arbitration over a pending transaction with corporate travel services provider ......

MakeMyTrip buys majority stake in Quest2Travel to grow corporate travel biz

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30 April, 2019

MakeMyTrip buys majority stake in Quest2Travel to grow corporate travel biz

MakeMyTrip Ltd said on Tuesday it has acquired a majority stake in Mumbai-based online corporate travel management company Quest 2 ......

Naspers swaps MakeMyTrip stake with China's Ctrip in second India exit

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26 April, 2019

Naspers swaps MakeMyTrip stake with China's Ctrip in second India exit

South African technology group Naspers Ltd is fully exiting MakeMyTrip Ltd, two-and-a-half years after merging its ibibo Group with the ......

Travel portal Yatra to consider Ebix's buyout offer

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15 March, 2019

Travel portal Yatra to consider Ebix's buyout offer

Nasdaq-listed Yatra Online Inc. said it will consider Ebix Inc.'s proposal to acquire the online travel company. In a stock-exchange filing ......

InnoVen Capital offers venture debt to holiday marketplace TravelTriangle

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17 October, 2018

InnoVen Capital offers venture debt to holiday marketplace TravelTriangle

TravelTriangle, an online marketplace for holiday packages, said on Wednesday that it has raised $3 million (around Rs 22 crore ......

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Kalaari, Sequoia settle for sub-par returns from Via.com exit

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22 November, 2017

Kalaari, Sequoia settle for sub-par returns from Via.com exit

Venture capital firms Kalaari Capital and Sequoia Capital have exited online-offline travel agency Via.com, one of their earliest bets, with ......

MakeMyTrip Q2 net revenue surges on ibibo buy, losses expand

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01 November, 2017

MakeMyTrip Q2 net revenue surges on ibibo buy, losses expand

Nasdaq-listed MakeMyTrip Ltd, India’s largest online travel services provider, said on Wednesday net revenue for the quarter through September more ......

Cleartrip hires former TCS executive Indroneel Dutt as CFO

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07 July, 2017

Cleartrip hires former TCS executive Indroneel Dutt as CFO

Mumbai-based Cleartrip Pvt. Ltd, an online aggregator of hotels, flights and train bookings, has appointed former TCS executive Indroneel Dutt ......

MakeMyTrip Q4 net revenue jumps 65% after ibibo merger

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20 May, 2017

MakeMyTrip Q4 net revenue jumps 65% after ibibo merger

MakeMyTrip Ltd, India’s largest online travel services firm, reported a 64.5% surge in net revenue for the quarter through March ......