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Ixigo back to profitability in Q1 ahead of IPO

Consumer

Ixigo back to profitability in Q1 ahead of IPO

Online travel platform Ixigo turned back to profitability in the first quarter of FY23, announcing ...

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

TMT

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

Nasdaq-listed Yatra Online, Inc. has filed a lawsuit against software firm Ebix Inc. in a US court ...

Yatra locked in arbitration over deal with Air Travel Bureau

TMT

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 ...

Ebix offers to acquire Yatra for $336 mn to boost travel portfolio

TMT

Ebix offers to acquire Yatra for $336 mn to boost travel portfolio

U.S. software firm Ebix Inc said on Monday it has offered to buy Indian travel services company ...

InnoVen Capital offers venture debt to holiday marketplace TravelTriangle

TMT

InnoVen Capital offers venture debt to holiday marketplace TravelTriangle

TravelTriangle, an online marketplace for holiday packages, said on Wednesday that it has raised $3 ...

India to remain strong omnichannel market in next decade: Goomo's Varun Gupta

People

India to remain strong omnichannel market in next decade: Goomo's Varun Gupta

Goomo, which acquired 27-year-old offline venture Orbit Corporate & Leisure Pvt Ltd in 2015, made ...

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

TMT

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 ...

Travel portal Yatra acquires corporate bookings firm Air Travel Bureau

TMT

Travel portal Yatra acquires corporate bookings firm Air Travel Bureau

Nasdaq-listed travel portal Yatra Online, Inc. has agreed to acquire corporate travel services ...

Ad-for-equity investor BCCL exits Yatra

TMT

Ad-for-equity investor BCCL exits Yatra

Media conglomerate Bennett, Coleman and Co. Ltd (BCCL) has sold its equity-convertible warrants in ...

Reliance to pick small stake in NASDAQ-bound Yatra.com

TMT

Reliance to pick small stake in NASDAQ-bound Yatra.com

Yatra.com, one of India’s top online travel agencies (OTAs) that is set to get listed on NASDAQ ...