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MAKEMYTRIP ACQUISITION
AI adoption going up in travel and hospitalityThe travel and hospitality sectors are increasingly adopting AI for personalized customer experiences and streamlined operations. Mastercar...- 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...
- MakeMyTrip evaluating potential listing in India, it tells US SECMakeMyTrip is exploring a potential India listing to access domestic capital, strengthen brand leadership, and support long-term growth ami...
- MakeMyTrip acquires majority stake in leading regional tour operator Flamingo TransworldMakeMyTrip said Flamingo's popular international and domestic group travel packages, which are currently sold largely through 51 offices ac...
- MakeMyTrip to acquire Happay from CredHappay’s business to be split with Cred retaining payments vertical and MakeMyTrip taking over travel & expense management business.
- MakeMyTrip to acquire Happay Expense Management Platform from CREDMakeMyTrip is expanding its corporate travel offerings by acquiring Happay's expense management platform from CRED. This move will combine ...
- MakeMyTrip completes Savaari transaction, acquires controlling stake in cab rental companyRajesh Magow, co-founder and group CEO of MakeMyTrip said the inter-city cab service remains largely offline, with low online penetration, ...
- TripMoney, MakeMyTrip’s fintech arm, buys majority stake in foreign exchange services provider, BookMyForexThe company said private equity firm Faering Capital as well as founders and promoters - Nitin Motwani and Sudarshan Motwani will continue ...
- MakeMyTrip's Q3 loss narrows to $11 million; Rajesh Magow elevated as Group CEOThe company had posted an adjusted operating loss of USD 22.2 million (over Rs 158 crore) for the corresponding period of the previous fisc...
- MakeMyTrip backs travel-focused tech venture Bitla SoftwareThe investment is likely to complement redBus, the online bus ticketing platform operated by MakeMyTrip, after its 2016 acquisition of Ibib...
- MakeMyTrip’s rights issue values company at Rs 26,000 croreThe parent company infused around Rs 128 crore over the past six months through subscriptions to the rights issue, documents filed by MakeM...
- MakeMyTrip Q2 net loss at $62.3 mn, revenue at $152.9 millionThe company's revenue stood at $152.9 million for the September quarter. It was $83.1 million for the same period year ago.
- MakeMyTrip targets SME corporate travel via MMT MyBusinessInstead of reaching out to companies directly, MakeMyTrip will tap existing users to propagate MyBusiness in their firms.
- 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.
- CCI nod to MakeMyTrip, Ibibo Group mergerThe transaction, involving the largest consolidation deal in India’s internet sector, had resulted in Naspers becoming the biggest sharehol...
- 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 ...
- For MakeMyTrip, Ibibo acquisition is only the beginningEven as it becomes the market leader by a margin post the acquisition, MakeMyTrip will see competition from players like Yatra, Cleartrip, ...
- MakeMyTrip acquires travel planning website Mygola using innovation fundSources said the development said all employees of Mygola have been retained and co-founder Anshuman Bapna has started working closely with...
- MakeMyTrip acquires travel startup MygolaMygola, founded by IIT Mumbai batchmates Bapna and Prateek Sharma in 2009, claims it can help travellers create custom trips in 15 minutes.
- MakeMyTrip in talks with D Pauls Travel & Tours for an equity stakeThe bid, if successful, as it fends off increasing competition in the airline-ticketing space where carriers now offer cheaper fares on the...
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