Tag "MakeMyTrip"

SAIF Partners sell remaining 11pc stake in MakeMyTrip reaping 16x profits

By : CIOL Writers

The investment firm, SAIF Partners, which invested in MakeMyTrip’s Series B and Series C round of funding, has sold its entire remaining stake in the company fetching it the largest cash exit in India’s venture capital industry. The VC firm

MakeMyTrip to introduce partial payment option for customers

By : CIOL Writers

In a bid to enhance user experience and make it more convenient, MakeMyTrip is planning to soon allow customers to partially pay cash for some purchases of flight tickets and hotel packages in the next few months. According to Economic

Naspers sets up VC arm in India

By : CIOL Writers

Naspers, the South African internet and media group better known for its investments in OLX, PayU and ibibo has set up a venture capital arm in India as it looks to expand its investment base in the country. The firm

MakeMyTrip acquires rival travel booking platform Ibibo

By : CIOL Writers

MakeMyTrip and Ibibo are undoubtedly the most reliable go-to online travel booking platforms for millions of users. Well, the travelling platforms are about to get bigger. These two leading travel groups in India – MakeMyTrip and Ibibo Group – have

MakeMyTrip’s latest initiative will let you rent villas instead of hotels

By : CIOL Writers

To escape the routined mundane life, we leave for vacations. However, we always end up in the same budget hotels, covered with white drapes and that old-feel furniture. But, if you choose Rightstay, an initiative from MakeMyTrip, you can rent

Yatra to be listed on Nasdaq after Terrapin acquisition

By : CIOL Writers

Terrapin 3 Acquisition Corp (TRTL)—a special purpose acquisition firm has made an offer to buy online travel portal Yatra.com at a valuation of $218 million to form a combined entity. Post the merger, if Yatra achieves certain financial objectives within

Flipkart beats Amazon & Google to be the most preferred co in India to work for

BANGALORE, INDIA: Do you know where India wants to work? The name might surprise you. It is not any MNC like Google, Facebook or Amazon. The LinkedIn data shows that Flipkart has topped the list top 25 companies in India

Travel site MakeMyTrip goes the app way

MUMBAI, INDIA: Travel portal MakeMyTrip has decided to tap the app route. The company has announced an app-only sale upto November 2, in a bid to cash-in the festive season. MakeMyTrip expects to see a fivefold surge in traffic during