The round, which was led by early-stage venture capital firm Blume Ventures, saw participation from General Catalyst and Athera Venture Par...

Consolidation is also in play as many of these startups are unable to shore up a war chest to fight bigger and more well-capitalised rivals.

The $1.8-billion largely stock deal saw the then newly merged travel giant grab more than 60% of the overall online travel market in India.

In a filing submitted with the US SEC, the company said Kashyap’s resignation had been accepted, and will come into effect from September 3...

The Competition Commission of India (CCI) has approved the deal, as per the latest update on the regulator's website.

Online travel portal files for potential offer for sale of shares with US Securities and Exchange Commission which will benefit some stakeh...

The transaction, involving the largest consolidation deal in India’s internet sector, had resulted in Naspers becoming the biggest sharehol...

A huge opportunity lies in outbound flights and hotels, Kashyap said, adding that the companies will start working on the integration after...

The combined entity will bring together top brands in the consumer travel space in India including MakeMyTrip, Goibibo, redBus, Rightstay a...

The combination will bring together a bouquet of leading consumer travel brands like MakeMyTrip, goibibo, redBus, Ryde and Rightstay.

This deal is about MakeMyTrip getting a 100% ownership of GoIbibo, a 100% ownership of redBus, a majority ownership of Jubo which is a smal...

"We have a very interesting strategy with multiple brands that can play out. We think we will see a lot of operational efficiencies," Kalra...

The company is majority-owned by South Africa-headquartered internet and media group Naspers, which also an investor in Flipkart.

While travel firms expect further consolidation in the next 12 months, mergers may be branded and managed carefully, say experts.

Office boys, warehouse supervisors, clerks, receptionists & other non-managerial employees of some of India’s best ecommerce firms can beco...

Growing proficiency of Indian tech firms in building innovative products is drawing attention from global corporations eager to acquire fre...

Global investors have for long spoken admiringly about India’s technical prowess. Now they are putting serious money where their mouth is.