EbixCash ties up with international travel exchanges

Payal Ganguly

US-headquartered software firm Ebix Inc’s Indian subsidiary, EbixCash, has signed five-year agreements with international ....

9 October, 2019

Cred to close $125 mn Series-A round; Ebix, MakeMyTrip look to buy Cox & Kings

Vijayakumar Pitchiah

Fintech company raised $65 million from multiple investors including Sequoia and Apoletto. Brick-and-mortar travel company attracts ....

5 August, 2019
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Exclusive: Norwest to sell stakes in six India portfolio companies to HarbourVest for $180-190 mn

Snigdha Sengupta

Norwest Venture Partners is selling its stakes in six enterprise technology companies from its India portfolio to Boston headquartered ....

1 August, 2019

Ebix seals agreement to buy Yatra for $338 mn

Vijayakumar Pitchiah

US-headquartered software firm Ebix Inc has entered into a definitive agreement with Yatra Online Private Limited to acquire the ....

17 July, 2019

Exclusive: MakeMyTrip-backed travel-tech startup GoFro goes offline

Vijayakumar Pitchiah

GoFro, a travel-technology startup founded by former Snapdeal executive Amitabh Misra, has gone offline. A person familiar ....

12 June, 2019

Rapido set to close $50-mn round; WhatsApp threatens legal action against spammers

Binu Paul

Roppen Transportation Services Pvt. Ltd, which operates bike-taxi startup Rapido, is in the final stages of closing a $50 million ....

12 June, 2019
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MakeMyTrip acquires majority stake in corporate travel management firm Quest2Travel

Vijayakumar Pitchiah

Online travel services provider MakeMyTrip Ltd (MMT) has acquired a majority stake in Mumbai-based corporate travel management ....

30 April, 2019

How Cleartrip is betting on machine learning to take its data game further

Vignesh Ananthraj

Cleartrip chief product officer Subramanya Sharma, who joinied the company in 2007, has seen the online travel industry transition ....

28 March, 2019

With Yatra next on its buyout wishlist, is Ebix biting off more than it can chew?

Anand J

It’s safe to say that most of Ebix Inc’s shareholders didn’t bat an eye when the Nasdaq-listed firm announced ....

20 March, 2019

Yatra to consider Ebix’s takeover proposal

Binu Paul

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

15 March, 2019
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Software firm Ebix proposes to buy travel portal Yatra for $336 mn

Team TC

Software firm Ebix Inc said on Monday that it has offered to acquire fellow Nasdaq-listed company Yatra Online Inc for $336 million ....

11 March, 2019

MakeMyTrip Q3 net revenue climbs 31%, loss shrinks

Vijayakumar Pitchiah

MakeMyTrip Ltd, the country's largest online travel services provider, reported higher revenue and a narrower loss for the ....

24 January, 2019

Cleartrip reduces headcount as focus shifts to Middle East: Report

Payal Ganguly

Mumbai-based online travel platform Cleartrip has laid off close to 100 employees from its hotel booking, flight booking and other ....

5 December, 2018

Will Yatra’s tie-up with Agoda lead to a deal with Booking Holdings?

Vijayakumar Pitchiah

Nasdaq-listed online travel agency Yatra Online Inc. has partnered with US-based OTA Agoda in what could be a potential larger ....

4 December, 2018

Yatra board ropes in former India head of Hewlett Packard Enterprise

Kavya Kothiyal

Nasdaq-listed Yatra Online, Inc. has appointed Neelam Dhawan, former India head of infotech solutions firm Hewlett Packard Enterprise ....

29 November, 2018

MakeMyTrip Q2 revenue climbs 25%, loss narrows on cost controls

Kavya Kothiyal

MakeMyTrip Ltd, the country's largest online travel services provider, reported higher revenue and a narrower loss for the ....

26 October, 2018

Can Yatra fly its way out of the red and defy investors' doubts?

Dearton Thomas Hector

In early 2017, online travel company Yatra Online Inc. signed up actor Ranbir Kapoor as its brand ambassador in a bid to raise ....

1 October, 2018

Himanshu Verma quits as Yatra tech chief; co-founder assumes additional role

Binu Paul

Himanshu Verma, chief technology officer (CTO) at Yatra Online Inc., has resigned from the Nasdaq-listed travel services company ....

24 September, 2018

Yatra clocks 25% rise in adjusted revenue for June quarter; EBITDA loss narrows

Payal Ganguly

Yatra Online Inc., which owns and operates online travel portal Yatra.com, registered a 25% year-on-year increase in adjusted ....

17 August, 2018

MakeMyTrip Q1 revenue up 25%, loss shrinks on cost controls

Kavya Kothiyal

MakeMyTrip Ltd, the country's largest online travel services provider, reported higher revenue for the first quarter of financial ....

14 August, 2018

Online travel agency Cleartrip acquires Saudi Arabia's Flyin.com

Vijayakumar Pitchiah

Mumbai-based online travel agency Cleartrip Pvt. Ltd has bought the Saudi Arabia-based Flyin in its first cross-border acquisition. The ....

21 June, 2018