MakeMyTrip President and Ibibo Group founder Ashish Kashyap resignsIn a filing submitted with the US SEC, the company said Kashyap’s resignation had been accepted, and will come into effect from September 3...
CCI clears acquisition of Ibibo group by MakeMyTripThe Competition Commission of India (CCI) has approved the deal, as per the latest update on the regulator's website.
MakeMyTrip to issue shares worth $960 million for ibibo Group acquisitionIbibo will also carve out its 14% stake in PayU and 52% in Tek Travels before the transaction closes, with MakeMyTrip entitled to a payout ...
MakeMyTrip, Ibibo to focus on creating new categories, platformsA huge opportunity lies in outbound flights and hotels, Kashyap said, adding that the companies will start working on the integration after...
10 things to know about Makemytrip-Ibibo mega dealThe combined entity will bring together top brands in the consumer travel space in India including MakeMyTrip, Goibibo, redBus, Rightstay a...
Online travel portals MakeMyTrip and ibibo announce mergerThe combination will bring together a bouquet of leading consumer travel brands like MakeMyTrip, goibibo, redBus, Ryde and Rightstay.
Ibibo becomes profitable in air-ticketing business"We are trying to solve problems of each group - from travelers to owners - in a single shopping cart through creating an engaging app," sa...
Moving beyond low-margin plane tickets, online travel firms seeking to dominate hotel bookingsNaspers has been pumping money into the online travel company for nearly a decade, not bothering to broadcast it.
South African media conglomerate Naspers invests another $250 million in Ibibo GroupFollowing this latest round of investment, Naspers will hold about 90% stake in the nine-year-old company.
Late to enter ticketing business, we grew on emergent learning: Ashish Kashyap, IbiboAshish Kashyap entered the travel aggregation business when incumbent players were well entrenched. However, this has not stopped him from ...
Ibibo Group buys minority stake in cloud-based hotel services DjuboThe company is majority-owned by South Africa-headquartered internet and media group Naspers, which also an investor in Flipkart.
Cardekho looks to buy Gaadi.com for $11 mnIbibo Group is in talks to sell Gaadi.com to Cardekho. The deal could trigger the first consolidation move in a fragmented online auto clas...
Leadership change in redbus, cofounders Phanindra Sama and Charan Kumar Raju exit the companyAnoop Menon, who moved to redBus last year from ibiboGroup as CTO, will now take charge of the entire engineering function of the firm.
ibiboGroup acquires bus tracking platform YourBus.in for undisclosed sumibiboGroup has acquired online bus tracking and analytics platform, YourBus.in, for an undisclosed sum.
- Ibibo Group to acquire online bus ticketing firm redBus.in
Ibibo Group and Pilani Soft Labs Pvt Ltd, owner of redBus.in have executed a binding agreement for the acquisition, the company said in a s...
- Ibibo eyes 50 pc share of India's social gaming market by FY'14
Online gaming company Ibibo aims to increase its market share in the country's social gaming space to 50 per cent in the next two years.
- ibibo eyes 10 mn users in the next two yrs
Social networking website ibibo targets to grow its userbase to 10 million persons in the next two years from 3.3 million users at present.