From MakeMyTrip to Cleartrip, e-travel firms to top $10 bn in bookings
As per the leading media reports top online travel agencies (OTAs) such as MakeMyTrip, Yatra, and Cleartrip, are set to cross the $10-billion (more…
Flipkart adds recharge, travel tabs on its mobile app
In a bid to increase customer visits, online retailer Flipkart has added two new tabs on its mobile application — ‘Recharges’ and ‘Travel.’ While…
MakeMyTrip Likely To Acquire Stakes In Oyo, to delist rivals Treebo, Fabhotels
India’s largest online travel company, MakeMyTrip, will delist all the properties of budget-focused online hotel companies, SAIF Partners-backed…
MakeMyTrip deals may be available on Flipkart Soon
In a strategic move partnership, Flipkart has planned to offer travel services of MakeMyTrip on its platform bringing India’s largest consumer…
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MakeMyTrip posts wider Q3 loss, may reconsider OYO strategy
MakeMyTrip, India’s online travel and booking major posted a wider loss for third quarter ended December 31, 2017, owing to its discounts and…
MakeMyTrip manages to get $330 million from Naspers, Ctrip.com and others
Nasdaq-listed online travel services provider MakeMyTrip Ltd is raising $330 million (Rs 2,116 crore) from South African technology group Naspers,…
Vistarooms to provide payment flexibility to its travellers through PayPal
Online payment company, PayPal has joined hands with Vistarooms.com in order to strengthen its presence in the travel and tourism sector. This…
Paytm earns USD500 million from travel business
 Online payments and ecommerce marketplace Paytm has said that its annualised GMV from its travel vertical has crossed USD500 million (Rs 3,342…
Jefferies reveals funds raised by Internet companies fell to 3-year low
Private funding raised by internet companies in India fell to a three-year low last quarter (ending December), with less than USD 300 million being…
Naspers-owned PayU to invest in consumer lending startup ZestMoney
Naspers-owned online payments platform, PayU is leading a financing round in consumer lending startup ZestMoney. The USD 3.7 million fund raise will…