Friday, May 3

Search Results for: yatra

MakeMyTrip Takes Five Firms to Court for Using Deceptively Similar Names

India’s popular travel company MakeMyTrip has taken a strict action and taken five travel and tourism websites to court for allegedly using similar sounding names. These companies include MakeMyYatra, MakeMyJourney, Make My Happy Journey, Pick My Trip and Superb MyTrip. MakeMyTrip alleged that these companies are not only using “deceptively similar sounding names” but also, some […]

In a first, Indian Government is Planning To Regularize Online Travel Booking

India government in a first its kind of move will setup certain guidelines for Online travel aggregators like Air B&B, Makemytrip, Yatra and Oyo to be recognised by the Tourism Ministry in order to operate, a senior official said. For the first time, the ministry has prepared a set of guidelines by which it will […]

Online Startups That Are Listed Under Stock Exchange

What is the stock exchange? In simple words, stock exchange refers to an organized market in which securities are bought and sold. If we go into the detailed description, the prices at which these securities are bought and sold are regulated by the forces of demand and supply. The stock exchange basically is an investment […]

Cleartrip buys Saudi Arabia’s Flyin as its first overseas acquisition

Online travel agency Cleartrip has sealed its first ever cross-border acquisition in Saudi Arabia’s Travel Aggregator Flyin. The acquisition will help Cleartrip strengthen its presence and expand its client base in Saudi Arabian market. Though the financial details of the deal have not been disclosed by the travel firm, it has come six years after […]

Startup Paying Users’ Air Tickets Raises Funding

Mihuru, a startup that provides micro loans to air travelers through its online platform recently raised a seed funding of $150,000 (Rs 99.3 lakh) from several entrepreneurs and investors with high net worth. However, the startup did not reveal the names of its investors. The funds will serve to expand the portfolio of products and […]

Post Ebix-Via Acquisition, Via Executives Leave the Company

Via, the online travel platform that was recently acquired by US company Ebix at the end of October 2017 is reportedly seeing the successive departures of its senior leader members; notably, Chief Business Officer, Paroma Chatterjee and Chief Finance Officer, Sujit Neha according to anonymous sources close to the company. Ebix, acquired Via for $75 […]

RailYatri To Raise $10 Million Funding From Omidyar Network

Indian Railway query platform RailYatri is in talks to secure a funding of $10 million from its existing investor Omidyar Network, a philanthropic investment firm. This third round of funding will also see participation from its other existing investors including Blume Ventures, Helion Venture, Nandan Nilekani according to the source ET. “While the talks are […]

Payment Solution Firm Razorpay Raises $20M funding

India’s payments solutions firm Razorpay has raised $20 million funding led by Tiger Global and Y Combinator with participation from Matrix Partners. However, company declined to disclose the company valuation post this fundraise. “We will use the funds for our next phase of growth by scaling products and bolstering our technology and expanding to newer markets like South East Asia,” said Razorpay CEO & Co-Founder […]

Travel Booking Startup GoFro Raises $10 Mn Funding In Series B Round

Delhi-based travel booking startup GoFro, has recently raised $10 million in a Series B round led by Japanese travel company HIS Co. Ltd. The round also saw participation from its existing investor MakeMyTrip. The company will be utilizing its funds to strengthen its technology platform, supply and agent network and expand into international markets. “Support […]