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MAKEMY TRIP.COM
MakeMyTrip eyes domestic listing after restructuring India businessThe Nasdaq-listed online travel major has completed an internal restructuring, consolidating its key brands operating in India under a sing...- Prosus eyes growth across private and public markets: Gaurav KothariProsus recently made its first investment in a listed Indian firm, acquiring a 10.1% stake in Ixigo, the parent of travel platform Le Trave...
- Prosus buys additional stake in Ixigo; Peak XV, Elevation sell sharesDutch investment firm Prosus has significantly increased its stake in Ixigo's parent company, Le Travenues Technology, by acquiring an addi...
- Prosus buys 10% of Ixigo parent for Rs 1,296 crore; in talks to acquire additional stake from early investorsIxigo's parent company, Le Travenues Technology, is selling a 10% stake to Prosus for Rs 1,295 crore. The deal involves selling over 4.62 c...
- MakeMyTrip completes share repurchase to cut China-based Trip. com's stakeThe Gurugram-headquartered MakeMyTrip informed the US stock exchange that three Trip.com-nominated directors have resigned with immediate e...
- Trip. com Group says MakeMyTrip will pay $3 billion for repurchaseMakeMyTrip plans to raise about $3 billion—via equity and convertible debt—to repurchase Class B shares from Trip.com Group.
- MakeMyTrip raises $3.1 billion to cut Chinese firm Trip’s holdingWith this, Trip.com’s stake in MakeMyTrip has fallen to 19.99% from 45.34%, with two directors, down from five. This comes a month after Ma...
- MakeMyTrip plans $3 billion buyback; China’s Trip.com stake to drop below 20%MakeMyTrip intends to raise $3 billion through debt and equity to repurchase shares from Group, reducing their stake from 45.34% to 19.99%....
- From Paytm to MakeMyTrip: How Indian startups are unwinding Chinese ownershipIndia’s largest online travel platform plans to raise $3 billion through a mix of debt and equity to buy back shares from Trip.com Group. O...
- BlueStone’s pre-IPO glow up; PE funds go tech shoppingAhead of its listing, BlueStone is poised to become India’s next unicorn through a secondary deal. This and more in today’s ETtech Morning ...
- EaseMyTrip Founder Nishant Pitti firmly reiterates national security claim against MakeMyTripEaseMyTrip's co-founder, Nishant Pitti, has doubled down on his claims that MakeMyTrip has ties to China, posing a security risk for Indian...
- EaseMyTrip founder turns up the heat on rival MakeMyTrip's board members' 'Chinese affiliations'EaseMyTrip's Chairman, Nishant Pitti, has intensified his accusations against MakeMyTrip, alleging significant Chinese influence within its...
- Easemytrip founder accuses MakeMyTrip of having deep Chinese ties; says armed forces data not safe with portalHalf of MakeMyTrip’s board — 5 out of 10 directors have direct ties to China, including pivotal appointments by Trip.com, a company with Ch...
- HC asks a petitioner to give its representation to Centre for ensuring that travel cos keep consumers data confidentialA Bench of Justice Manmohan and Justice Manmeet Pritam Singh Arora while rejecting the Ashwini Kumar Upadhyay’s plea gave liberty to him to...
- Indians becoming more confident about travel plans: Vipul Prakash, MakeMyTrip.com"We have seen smaller cities booking much more than just the Delhis and Bombays of the world, and all these are positive indicators that ba...
- Naspers exits MakeMyTrip, leaves Ctrip largest stakeholder in portalChinese co will hold 49% in Indian travel operator; Naspers to get 5.6% in Ctrip after share swap.
- China’s Ctrip may put $100 million in ZomatoCtrip has not been among the most active Chinese strategics in India, with a sole investment in online travel agency Make-MyTrip.
- IDG Ventures Leads New Round of Funding in TripotoTechnology-focused venture capital firm IDG Ventures India has led a new round of funding in online travel community startup Tripoto.
- New trend: Tour operators start offering short-haul packages to cater to the long-weekend marketIt is growing significantly in India as upwardly mobile, young travellers now opt for 2-3 short breaks along with a long leisurely vacation...
- MakeMyTrip.com unveils free Android and iPhone travel applicationsMakeMyTrip has up its ante in the race for travel planning and management apps for smartphones by unveiling free Android & iPhone apps toda...
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