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Search results for “Ibibo Group”
Travelport becomes sole GDS provider of Air India’s domestic flight content in India
01/09/2020
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6:27:17 PM
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The contract, which was awarded to Travelport following a competitive bidding process, came into effect in November 2018 and was fully implemented as of 1 January 2020.
The world won’t take China’s money—and India’s online travel firms are benefiting
05/09/2019
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6:26:45 PM
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The India OTA market is becoming consolidated with very few players dominating. This helps investors to scale.
How MakeMyTrip shut out two smaller budget hotels to favour OYO
04/19/2019
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6:47:04 PM
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FabHotels and Treebo had to find customers using other aggregators like Yatra, Cleartrip, or Booking.com to compete with a hyper-funded OYO.
MakeMyTrip acquires ibibo, Ctrip and Tencent hold stake
10/19/2016
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12:54:33 PM
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MakeMyTrip will own 100% of ibibo Group after the merger. Naspers and Tencent will become the largest shareholder in MakeMyTrip.
Ctrip backs MakeMyTrip's $330 million fundraising
05/04/2017
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1:05:17 PM
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MakeMyTrip has announced a share placement and purchase agreement to raise USD 330 million. Existing investors Ctrip and Naspers have participated in the financing.
Ibibo Group lands massive $250 million round to extend travel bookings online
02/25/2016
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4:47:49 PM
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Recently, Ibibo Group, owner of the Goibibo online travel agency, has secured $250 million from Tencent and Naspers and it says that the cash injection will be used to “extend Ibibo’s leadership position in the Indian hotels category and on additional technology innovations”.
MakeMyTrip revenue increases 54.6% in 1Q 2018
08/09/2017
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8:07:51 PM
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For the first fiscal quarter ended June 30, 2017, revenue increased 54.6% YoY in 1Q18 to $192.1 million; revenue from hotels and packages business increased by 40.8% (37.3% in constant currency) to $134.6 million.
Ixigo confirms $15 million Series B, Paytm partners with booking.com
03/24/2017
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9:24:33 AM
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Indian travel search engine Ixigo has completed its USD 15 million Series B round, with Sequoia Capital and Fosun Kinzon backing the raise.
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