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...
11 Oct, 2025, 12.25 PM IST
ETtech Explainer: CCI draws red line for tech firms with fines on Google, booking sitesThe two decisions, announced in a span of two days, have come in the run-up to the CCI setting up a dedicated Digital Markets and Data Unit...
22 Oct, 2022, 08.56 AM IST
M&A deals rise as startup funding begins to slowConsolidation 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.
02 May, 2022, 06.49 PM IST
TripMoney acquires majority stake in BookMyForex“With this investment, BookMyForex’s suite of services, including currency exchange that offers real-time exchange rate, multi-currency pre...
05 Apr, 2022, 10.54 PM IST
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 ...
05 Apr, 2022, 04.26 PM IST
Flipkart likely to bag Cleartrip for $40 million in distress saleTalks of a potential Flipkart-Cleartrip deal come at a time when the Walmart-owned e-commerce firm is making strategic investments across s...
14 Apr, 2021, 09.15 AM IST
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.
03 Feb, 2017, 09.23 PM IST
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...
21 Jan, 2017, 01.22 AM IST
Naspers' PayU may invest in lending startup ZestMoneyThe ZestMoney platform enables instant account opening and real-time credit approval, combined with digital loan servicing and repayments t...
08 Dec, 2016, 11.13 AM IST
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.
20 Oct, 2016, 11.20 AM IST
Hotel space in India under-penetrated, MakeMyTrip-Ibibo synergy right step: Deep Kalra"We have a very interesting strategy with multiple brands that can play out. We think we will see a lot of operational efficiencies," Kalra...
19 Oct, 2016, 06.52 AM IST
ibiboGroup acquires majority stake in BusportalAfter starting its operations in Malaysia and Singapore, ibiboGroup drives redBus's expansion to Latin America in style
11 Jul, 2016, 04.04 PM IST
Room for funding shrinks for OYO as investors keep door ajarOne of the most watched startups of 2015, OYO's difficulties in fund-raising comes at a time when travel portals MakeMyTrip and Goibibo pla...
08 Mar, 2016, 10.39 AM IST
ibibo picks minority stake in hotel solution firm DjuboPost the share acquisition, ibibo Group Chief Executive Ashish Kashyap will join Djubo's board, the company said in a statement today.
28 Aug, 2015, 04.39 PM IST
Expedia hopes to double Indian business over five years: Vikram Malhi, Asia MDVikram Malhi said the company is exploring tie-ups with hail-a-taxi companies such as Uber and Ola to provide lastmile connectivity.
07 Aug, 2015, 04.00 AM IST
ibiboGroup acquires bus tracking platform YourBus.in for undisclosed sumibiboGroup has acquired online bus tracking and analytics platform, YourBus.in, for an undisclosed sum.
20 Mar, 2014, 01.02 AM IST
- MIH Group acquires 51% stake in Tek Travels
Ankush Nijhawan, CEO of Travel Boutique Online, confirmed the acquisition but declined to comment on the financial details of the transacti...
21 Apr, 2012, 05.14 AM IST