Date | Title | Description |
23.10.2024 | MakeMyTrip’s Q2 Profit Zooms 800% To $17.9 Mn | SUMMARY
The company's net profit jumped to $17.9 Mn in Q2 FY25, rising 797% from $2 Mn in the year-ago quarter.
While the revenue jumped 25.1% to $211 Mn in the quarter ended September 2024 (Q2 2025) from $168.7 Mn in the year-ago period.
T... |
23.10.2024 | MakeMyTrip Q2 revenue grows 26.5% | MakeMyTrip reported 26.5 per cent growth in revenue to $211 million in second quarter FY 2025 on a year on year basis on the back of higher bookings.
Net profit for the quarter was $17.9 million compared to $2 million in same period last ye... |
19.09.2024 | Zomato records 100% growth in brand value, MakeMyTrip enters list of top Indian firms | Zomato recorded highest growth in brand value.
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Zomato emerged as this year’s fastest riser with a 100 percent year-on-year growth in brand value at $3,5... |
23.08.2024 | AI startup Callmatic set to be launched by Mitron TV, TrainMan co-founders | According to media, Shivank Agarwal, co-founder and former CEO of the short video app Mitron TV, and Mohd Amir, the former co-founder of the online train ticket booking and information platform TrainMan, have partnered to launch a conversat... |
13.08.2024 | The New Wave of Gifting and Health: LazyPay and Rohit Sharma's Ventures | In the bustling world of digital finance and health foods, two significant players are making waves. LazyPay, a credit service by PayU, has launched a new line of gift cards, while cricket superstar Rohit Sharma is stepping into the food in... |
13.08.2024 | The Future of Gifting and Delivery: Innovations from LazyPay and Amazon India | In the fast-paced world of digital finance and e-commerce, innovation is the name of the game. Two recent developments from LazyPay and Amazon India illustrate this trend perfectly. LazyPay has launched a new gift card service, while Amazon... |
12.08.2024 | Religious tourism fuels India’s retail boom | - |
08.08.2024 | LazyPay Launches Gift Cards, Offering a One-Stop Solution for Gifting | Mumbai, Maharashtra, India
LazyPay, the credit service by PayU, India’s leading digital financial services provider, is thrilled to announce the launch of its latest product line – Gift Cards, a comprehensive one-stop solution for gift vouc... |
01.08.2024 | BookMyForex Rolls out Zero Fee Remittance and Bundled Deals for International Students | Gurgaon, Haryana, India
Students can transfer up to 1,000 units in any major currency for free. Avail Exact Amount Guarantee.
Up to Rs. 5000 cashbacks on Money Transfers abroad & student centric deals
BookMyForex, India’s largest online... |
30.07.2024 | redBus expands focus on South India, targets women travellers with new features | Bus service aggregator redBus is expanding its focus on South India with new apps and has launched a tailor-made booking preferences for women who constitute over 30 per cent of its customers.
While a booking app in Tamil was launched in Ap... |
29.07.2024 | Hero Vired Ropes In MakeMyTrip Executive Prakhar Kasar As CEO | SUMMARY
Prakhar Kasar, former MakeMyTrip executive, joins Hero Vired as CEO to drive growth in the online education market.
Hero Vired, founded in 2021, offers online certification programs in various tech and business fields, competing wit... |
16.07.2024 | 95% of Singapore Travel Firms Eye Payment Tech Upgrades as Top Priority | - |
04.07.2024 | Noah Holdings Limited Implements Strategic Changes in Board of Directors Composition | In a significant move towards enhancing its corporate governance structure, Noah Holdings Limited, a prominent wealth management service provider catering primarily to Mandarin-speaking high-net-worth investors, has announced a series of ch... |
01.07.2024 | Noah Holdings Limited Announces Changes to its Board of Directors | SHANGHAI, July 1, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory servic... |
01.07.2024 | Noah Holdings Limited Announces Changes to its Board of Directors | SHANGHAI, July 1, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory servic... |
05.06.2024 | A realm full of opportunity and test Among the countries considered to be hotbeds for startups, India consistently makes the top ten; much of it has to do with the policy-making and cultural shifts th... | - |
29.05.2024 | Quick, quicker, quickest: The impatient Indian fires up an industry | - |
27.05.2024 | Infra, connectivity should be main focus: Himachal tourism stakeholders | - |
24.05.2024 | Targeting railway journeys, MakeMyTrip launches new features
Vedanta Aluminium CEO John Slaven named IAI Vice-Chairman
JK Tyre achieves record-breaking revenues and profits in FY24
JSW One Platforms a... | RAILWAYS & METRO RAIL Targeting railway journeys, MakeMyTrip launches new features
24 May 2024 4 Min Read CW Team
MakeMyTrip has introduced a number of technologically advanced tools aimed at improving train travel and resolving frequen... |
08.05.2024 | Goa top summer destination; Puri, Varanasi lead in pilgrims: MakeMyTrip | - |
08.05.2024 | Google Wallet Expands to India, Offering Boarding Passes, Loyalty Cards; Google Pay Remains | John Lopez, Tech Times 08 May 2024, 09:05 am
Google Wallet has made its official debut in India, offering a number of services, including boarding passes, loyalty cards, event tickets, and public transit passes, Google announced in a recent... |
08.05.2024 | Election tourism: 27% surge in inter-state travel during Lok Sabha polls | - |
08.05.2024 | Maldives asks Indians to be part of tourism, says its economy depends on it | - |
08.05.2024 | Goa top summer holiday destination, search for Srinagar rises: MMT report | - |
07.05.2024 | Slow travel is the next big thing & Ahmedabad is among top 10 destinations | - |
22.04.2024 | 95% of Indian travellers interested in sustainable travel: Report | - |
22.04.2024 | Ayodhya to Ujjain: Indians prefer spiritual trips over family, solo travel | - |
22.04.2024 | Women pre-book window seats, men prefer aisle in domestic flights: MMT | - |
17.04.2024 | Wider social security net on cards for unorganised sector workers | - |
15.04.2024 | Forex card can now be topped-up instantly during international trips, says BookMyForex | Travelling internationally, you can upload your foreign exchange reserves card instantly. This would be possible on the latest version of BookMyForex application.
BookMyForex is a group company of the travel portal, MakeMyTrip.
Also read: E... |
12.04.2024 | Hotel bookings, airfares on strong wicket as IPL fever catches on | - |
10.04.2024 | Adani TotalEnergies and MG Motor India Team Up for EV Charging Stations | A new partnership between Adani TotalEnergies and MG Motor India will see the installation of EV charging stations at new MG dealerships. Adani Total Energies E-Mobility Limited (ATEL) will set up CC2 60 kW DC chargers to enhance the chargi... |
08.04.2024 | Adani, TotalEnergies to set up EV charging stations at new MG dealerships | A unit of a joint venture between Adani group and French energy giant TotalEnergies will set up EV charging stations at new MG dealerships to bolster the charing network, the company said on Monday.
"Adani TotalEnergies E-Mobility Limi... |
08.04.2024 | Air India, BIAL sign MoU to develop Bengaluru as premier aviation hub | Air India and Bangalore International Airport Limited (BIAL) have signed an agreement to develop Bengaluru as a premier aviation hub for southern India, with an aim to boost air travel connectivity to and from India over the next few years,... |
08.04.2024 | State-owned NTPC targets 5GW power generation capacity addition in FY25 | State-owned power giant NTPC on Monday said it is eying 5 GW power generation capacity addition in financial year 2024-25.
NTPC aims to add 3 gigawatt (GW) of renewable energy (RE) capacity, exemplifying its steadfast dedication to environm... |
02.04.2024 | As Vistara officials continue to protest for pay revision, 15 pilots quit | As a section of Vistara pilots continue to protest against pay revision, at least 15 senior first officers resigned from the airline recently, sources said on Tuesday.
The airline operates a little over 300 flights daily and has a fleet of ... |
02.04.2024 | Luxury car maker Audi India reports 33% rise in retail sales in FY24 | Audi India, one of the leading luxury automobile manufacturers, reported a 33 per cent growth in sales for the financial year 2023-24 (FY24), retailing 7,027 units.
Such a positive show comes despite challenges in the first quarter of calen... |
07.03.2024 | SC dismisses MakeMyTrip's appeal against Google in trademark case | The Supreme Court on Thursday dismissed a plea by online travel agency MakeMyTrip (MMT) against Google over the misuse of its trademarks as “keywords” on the tech giant’s ads programme to display links to its rival Booking.com.
Last year in... |
26.01.2024 | Deals in brief: Arkadiah, Sygnum, and Addlly AI secure funding, Living Lab Ventures launches biomedical fund, NEX Ventures backs three Indonesian climate tech startups, and more | Arkadiah Technology concludes seed round
Arkadiah Technology, a provider of artificial intelligence-based nature restoration solutions, has concluded its seed funding round, raising an undisclosed amount. The round was led by Golden Gate Ve... |
23.01.2024 | Ayodhya Ram Mandir Prasad and other Ayodhya Gifts will be delivered online | Ayodhya Ram Mandir Prasad
Ayodhya Ram Mandir Prasad
Ayodhya Ram Mandir
Ayodhya Ram Mandir Prasad and other Ayodhya Gifts will be delivered online AYODHYA, UTTAR PRADESH, INDIA, January 22, 2024 /EINPresswire.com/ -- Ram Mandir temple is ina... |
22.01.2024 | Ayodhya Ram Mandir Inauguration Ceremony Prasad will be Delivered Worldwide | Ayodhya Ram Mandir Prasad
Ayodhya Ram Mandir Prasad
Ayodhya Ram Mandir Prasad
Ayodhya Ram Mandir Inauguration Ceremony Prasad will be Delivered Worldwide AYODHYA, UTTAR PRADESH, INDIA, January 22, 2024 /EINPresswire.com/ -- As the historic ... |
09.05.2023 | MakeMyTrip & Microsoft Partner Up, Bring Generative AI for Voice-Assisted Travel Bookings | In a big move, MakeMyTrip (MMT), India’s leading online travel company has joined the Generative AI bandwagon. The brand that owns Goibibo and Red Bus announced its partnership with Microsoft to enable voice-assisted booking in Indian langu... |
29.12.2022 | From Auli to Zuluk, 10 places in India where you can experience snowfall | From deserts to towns in the South – many places in India experience snowfall and bring joy to tourists.
Many hill stations in Himachal Pradesh are likely to experience snowfall, according to the India Meteorological Department (IMD).
Gulma... |
21.10.2022 | MakeMyTrip Limited to Report Fiscal 2023 Second Quarter Financial & Operating Results on November 01, 2022 | Gurugram, Oct. 21, 2022 (GLOBE NEWSWIRE) --
MakeMyTrip Limited to Report Fiscal 2023 Second Quarter Financial & Operating Results on November 01, 2022
Gurugram and New York, October 20, 2022: MakeMyTrip Limited (Nasdaq: MMYT) plans to r... |
29.07.2022 | Kandima Maldives Partners with MakeMyTrip for an 'Experience Kandima' Roadshow in the NCR Region this July | New Delhi, Delhi, India
Kandima Maldives, the game-changing (desti)nation, in association with India’s leading online travel company - MakeMyTrip launched their ‘Experience Kandima’ roadshow in the NCR region to delight Indian consumers wit... |
18.07.2022 | MakeMyTrip Limited to Report Fiscal 2023 First Quarter Financial & Operating Results on July 27, 2022 | New York, July 18, 2022 (GLOBE NEWSWIRE) --
MakeMyTrip Limited to Report Fiscal 2023 First Quarter Financial & Operating Results on July 27, 2022
Gurugram and New York, July 18, 2022: MakeMyTrip Limited (Nasdaq: MMYT) plans to report it... |
12.05.2022 | MakeMyTrip Limited to Report Fiscal 2022 Fourth Quarter and Full Year Financial & Operating Results on May 25, 2022 | Gurugram, May 12, 2022 (GLOBE NEWSWIRE) --
MakeMyTrip Limited to Report Fiscal 2022 Fourth Quarter and Full Year Financial & Operating Results on May 25, 2022
Gurugram and New York, May 12, 2022 MakeMyTrip Limited (Nasdaq: MMYT) plans t... |
12.03.2022 | MakeMyTrip Announces 'Homestay Awards' to Celebrate India's Growing Homestays and Alternative Accommodation Ecosystem | New Delhi, Delhi, India
India’s leading online travel company, MakeMyTrip, has announced an annual celebration to recognize and reward the growing community of homestays hosts in the domestic travel market. The platform will reward properti... |
25.01.2022 | MAKEMYTRIP : ANNOUNCES FISCAL 2022 THIRD QUARTER RESULTS - Form 6-K | MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2022 THIRD QUARTER RESULTS
Financial Highlights for Fiscal 2022 Third Quarter
• Gross Bookings increased by 93.0% YoY and 57.4% QoQ to $1,155.7 million in 3Q22.
• Revenue increased by 102.5% YoY and 70.5%... |
17.01.2022 | MakeMyTrip Limited to Report Fiscal 2022 Third Quarter Financial & Operating Results on January 25, 2022 | New York, Jan. 17, 2022 (GLOBE NEWSWIRE) --
MakeMyTrip Limited to Report Fiscal 2022 Third Quarter Financial & Operating Results on January 25, 2022
New Delhi and New York, January 17, 2022 MakeMyTrip Limited (Nasdaq: MMYT) plans to rep... |
29.11.2021 | Travel Innovations by MakeMyTrip that Promise to Make Travelling Safe, Convenient, Flexible and Hassle-free | Gurugram, Haryana, India
As we march into 2022 with renewed vigor and hope for a healthy future, we have embraced the new normal by finding comfort in new ways of life. The world as we knew it has undergone major transformations and so has ... |
18.11.2021 | Online Travel Update: Amazon Expands India Travel Offerings; Sabre Loses Expedia's North America Business; Flights Drive Most Of Booking Holdings' Quarterly Success | Last week was earnings week for many of the public online travel companies, and we've included stories summarizing those releases for several of the largest - Expedia Group, Airbnb, Booking Holdings and Sabre. We've also included copies of ... |
12.11.2021 | Book a memorable, stress-free getaway with MakeMyTrip’s smart booking plans | An avid traveller, Alia couldn’t wait to kick-off her long-awaited trip with her GFFs to a pristine mountain getaway in Himachal. As far as she was concerned, the trip was (mostly) on track. The calendar had been cleared, her gang had her l... |
08.11.2021 | MakeMyTrip and GO FIRST Join Hands to Launch Exclusive Air Charter Holiday Services to Phuket | Gurugram, Haryana, India
MakeMyTrip, India’s leading online travel company, in partnership with GO FIRST has launched exclusive Air Charter Holiday Services to Phuket. The two companies have come together with an aim to make travelling to t... |
03.11.2021 | MakeMyTrip Partners with IndiGo to Launch Exclusive Air Charter Holiday Services to Phuket | Gurgaon, Haryana, India
MakeMyTrip, India’s leading online travel company, in partnership with India’s leading airline, IndiGo, has launched exclusive Air Charter Holiday Services to Phuket. As countries open up to vaccinated travellers, Ma... |
01.11.2021 | MakeMyTrip & Amazon Pay Announce Strategic Partnership | NEW YORK, Nov. 1, 2021 /PRNewswire/ -- Amazon Pay and MakeMyTrip India, a fully owned subsidiary of MakeMyTrip Limited (NASDAQ: MMYT), India's leading travel group, have announced a strategic long-term partnership to offer travel services o... |
01.11.2021 | MakeMyTrip & Amazon Pay Announce Strategic Partnership | NEW YORK, Nov. 1, 2021 /PRNewswire/ -- Amazon Pay and MakeMyTrip India, a fully owned subsidiary of MakeMyTrip Limited (NASDAQ: MMYT), India's leading travel group, have announced a strategic long-term partnership to offer travel services o... |
26.10.2021 | MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2022 SECOND QUARTER RESULTS - Form 6-K | MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2022 SECOND QUARTER RESULTS
Financial Highlights for Fiscal 2022 Second Quarter
• Gross Bookings in 2Q22 reached $734.1 million versus $213.0 million in 2Q21 and $286.7 million in 1Q22.
• Revenue was $67.... |
19.10.2021 | MakeMyTrip Limited to Report Fiscal 2022 Second Quarter Financial & Operating Results on October 26, 2021 | New York, Oct. 19, 2021 (GLOBE NEWSWIRE) --
New Delhi and New York, October 19, 2021 MakeMyTrip Limited (Nasdaq: MMYT) plans to report its fiscal 2022 second quarter financial and operating results before markets open on Tuesday, October 26... |
24.06.2021 | The Indian Unicorns: How Disruptions Shape Their Business Models | June 24, 2021 9 min read
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Even the ‘well established’ and ‘cash stabilized’ businesses with p... |
08.02.2021 | Buy Experiences in this Season of Sale: MakeMyTrip’s Great Indian Travel Sale Is On | MakeMyTrip is here to add to the thrill to your travel plans even before you finally undertake that much-awaited vacation. It’s raining sales everywhere but MakeMyTrip is taking the excitement a notch higher by tossing the sale with unbelie... |
05.02.2021 | MakeMyTrip raises $200 mn through a zero per cent interest coupon bond | MakeMyTrip (MMT) on Friday said it raised $200 million through a zero per cent interest coupon bond.
The raise comes at a time when the travel industry is in the midst of difficult times. “This raise will bolster our cash reserves allowing ... |
05.02.2021 | MakeMyTrip raises $200 million through zero percent interest bond | Even as the travel and hospitality industry is still grappling with the effects of COVID-19, online travel agency MakeMyTrip has raised $200 million through a zero percent bond.
These bonds are ranked senior to equity as here the investor g... |
28.01.2021 | MakeMyTrip Revenue Grow 169% QoQ In Q3 FY21 | Publicly listed Indian online travel company MakeMyTrip saw its gross bookings increase by 181.5%, from $213 Mn in the second quarter of the fiscal year 2020-21 (FY21) to $599 Mn in the third quarter, ended December 31, 2020.
In Q3, the com... |
01.10.2020 | Startups Allegedly Connive to Form a new App Store in a Bid to Overthrow Google Play Store | Isaiah Alonzo, Tech Times 01 October 2020, 02:10 am
(Photo : (Photo by Uriel Sinai/Getty Images)) BANGALORE, INDIA - APRIL 13: (ISRAEL OUT) Tutors work at TutorVista headquarters in the early morning of April 13, 2008 in Bangalore, India. I... |
05.08.2020 | SaaS startup inFeedo raises US$ 700K in pre-Series A funding | Founded in 2013 by Tanmaya Jain, inFeedo operates an AI-based Human Resource Management system to reduce attrition, engage employees, and analyze employee culture using Predictive People Analytics. inFeedo launched its employee-experience b... |
11.04.2020 | [Funding Alert] MakeMyTrip gets Rs 73.5 cr from its Mauritius entity amid coronavirus crisis | Gurugram-based online travel firm MakeMyTrip has received infusion of Rs 73.5 crore from its Mauritius-based entity (MakeMyTrip Limited, Mauritius) in two tranches, according to Ministry of Corporate Affairs filings of the company. Both the... |
12.04.2019 | MakeMyTrip receives Rs 100 Cr from Mauritius-based holding entity | Online travel major MakeMyTrip’s Indian arm MakeMyTrip India Pvt Ltd has received Rs 100 crore from the Mauritius-based entity. This is the third tranche from the company’s offshore entity in the past eight months.
Previously, the Mauritius... |
26.02.2019 | MakeMyTrip gets Rs 73.9-crore tax refund | -->
DGCEI processed a full refund of the aforementioned tax amount, and the funds have been received by MMT India and ibibo India as on February 25, 2019. |
14.09.2018 | Secret 7: Mobile Marketing Tips to Accelerate User Retention for Travel Apps | The advent, proliferation, and popularity of mobile apps has disrupted many a traditional industry. The rapid transition to an increasingly digital ecosystem – across both web and mobile channels – has revolutionised the travel industry as ... |
12.03.2018 | MakeMyTrip's retail store now in Coimbatore | Leading travel company >MakeMyTrip.com has with the launch of its retail store in Coimbatore strengthened its offline presence here to assist travellers in this region.
The company follows a hybrid business model wherein the brand operat... |
12.03.2018 | Ticket sale begins for IPL matches in Hyderabad | Sunrisers, the Hyderabad-based cricket franchisee of Sun TV Networks, has announced the sale of tickets for the Indian Premier League.
The first match for the 2013 season will be played between Pune Warriors and Sunrisers at Hyderabad team ... |
19.01.2018 | China’s Ctrip to invest $180 million in MakeMyTrip | China’s travel service provider Ctrip.com will invest $180 million in MakeMyTrip through convertible bonds, the Indian travel aggregator said in a statement on Friday.
MakeMyTrip has also granted Ctrip permission to acquire MakeMyTrip share... |
19.01.2018 | China’s Ctrip invests Rs 1,200 cr in MakeMyTrip | Travel website Ctrip.com has invested $180 million (about Rs 1,200 crore) in Indian online travel company MakeMyTrip.
The deal was done in the form of convertible bonds, Ctrip.com said in a statement today.
“With the investment, we will hav... |
20.12.2017 | Six takeaways from GES 2017 | Last week, I joined more than 1,500 entrepreneurs from 150 countries for the 2017 Global Entrepreneurship Summit (GES) in Hyderabad, India. GES was started in 2010 by then-President Barack Obama to foster innovation in the US and abroad. Th... |
31.07.2017 | SAIF Partners closes new $350M fund for India’s resurgent tech startup scene | SAIF Partners, one of India’s most active investment firms, has returned with a new fund of $350 million, its sixth to date.
Unlike other firms, SAIF opted to keep its newest fund at the same size as its previous one because it allows it to... |
22.10.2016 | M&A roundup - week ending 10/22/16 | Cisco acquired Worklife; Razer bought THX; Proofpoint purchased FireLayers
OLS Holding acquired Omnis from TigerLogic Corporation, a provider of software infrastructure products. The price was $2,000,000, subject to adjustment based on net ... |
23.06.2016 | Last-minute travelers: Meet today’s frustrating mobile app infrastructure | This sponsored post is produced by Neumob.
I’m a pretty careful and annoyingly methodical pre-planner of my family’s vacations. So I was relatively stupefied when apps for “last-minute” flights and hotel bookings took off in a big way over ... |
24.02.2016 | Indian Online Travel Company Ibibo Lands $250M From Naspers | Ibibo Group, which claims to be India’s largest online travel group, has raised $250 million in new funding from majority stakeholder Naspers Group.
In an announcement, Ibibo Group said the new funding will be spent on its hotels vertical a... |
07.01.2016 | Chinese Travel Booking Giant Ctrip Invests $180M In India’s MakeMyTrip | Ctrip, the Chinese travel booking site valued at over $10 billion, has taken a big step in India after it agreed to invest $180 million in MakeMyTrip, a fellow booking service that covers flights, hotels and bus ticketing in the South Asian... |
24.06.2015 | Inspirock Gets $3M Seed Funding To Make Vacation Itinerary Planning Easier | Inspirock wants to take the hassle out of travel planning with a site that automatically creates customized itineraries. The startup announced today that it has raised $3 million in seed funding from returning investor MakeMyTrip, one of In... |
02.03.2015 | TrulyMadly Is A Tinder-Style Dating App That’s Built For India | “Facebook is India’s Facebook and Twitter is India’s Twitter, but Tinder won’t be India’s Tinder.”
That’s according to Sachin Bhatia, co-founder of TrulyMadly, an app that is aiming to take the mobile dating phenomenon fueled by the likes o... |
08.02.2014 | India’s MakeMyTrip Acquires EasyToBook In A Push To Grow Online Hotel Bookings | Indian travel booking site, MakeMyTrip, has acquired EasyToBook, an Amsterdam-based hotel booking portal, for around $5 million. With this acquisition, MakeMyTrip is hoping to increase its proportion of revenue earned through online hotel b... |
18.06.2013 | MakeMyTrip gets Rs 28 cr tax demand notice | The I-T department has slapped a tax demand notice of Rs 27.6 crore on online travel firm MakeMyTrip for assessment year 2009-2010 but the company said it is contesting the claim.
“We had received an additional tax demand of almost Rs 28 cr... |
11.06.2013 | More Exits For Asian E-commerce Firms, But Valuations Still Small | There has been a growing rate of exits happening for Asian e-commerce companies, but valuations remain small on average. Most are under the $50 million mark, according to CB Insights’ latest report.
The report, which provides a broad sweep ... |
26.11.2012 | ‘TechStars for India’ kicks off showcase event with superangels, 500 Startups, Seedcamp, Sequoia | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
International investors with an interest in India... |
29.03.2012 | How Do You Go Global Against Clones And Competitors? | GoGlobal is Morten Lund’s new venture. Earlier this month, Lund pitched GoGlobal live on stage at The London Web Summit. Despite a few people thinking it was a ruse, GoGlobal aims to be a platform to grow globally for Software-as-a-Service ... |
22.03.2012 | Helion Raises $255M For Third India VC Fund | Helion Venture Partners, an early-to-mid-stage venture capital firm, has raised over $255 million for its third fund, taking its assets under management to $605 million. Helion Venture Partners III has raised $255.25 million, according to a... |
12.03.2012 | IAN Invests $0.5M In Hotel Booking Site StayZilla.com | Indian Angel Network (IAN) has invested $0.5 million in Chennai-based StayZilla.com, a hotel booking site which offers value-stays in any district (hence the word Zilla, which means district in Hindi) across the country, through an inventor... |
06.10.2010 | The Good and the Bad of the IPO Market | The third quarter IPO market is like looking at a Rorshach test: You can find data to support that liquidity is getting better or data to support that it’s getting worse.
Here’s the reality check: There is an increase in deals– a big increa... |
13.08.2010 | What Indian Entrepreneurs Should Learn From MakeMyTrip’s Rocket IPO | A few trips to India ago, I wrote a piece on Deep Kalra of MakeMyTrip.com, an Indian online travel company that I guessed would be the first big Indian ecommerce IPO. Yesterday, the company made good on that—listing on Nasdaq and surging ne... |
13.11.2009 | MakeMyTrip.com: Is eCommerce in India Finally Happening? | GURGAON, INDIA– Back in 1995, Deep Kalra knew that India had burgeoning consumer promise. So he took a risk, quit his safe-but-boring banking job and joined AMF Bowling—an American company that was aiming to bring bowling alleys and billiar... |
18.12.2006 | MakeMyTrip, Indian travel site, raises $13M, joins all the other Indian travel sites | MakeMyTrip.com, the Indian travel site, has raised $13 million in a second round of funding amid robust growth, according to The Economic Times.
Helion Ventures and Sierra Ventures, and existing backer Softbank Asia Infrastructure Fund (SAI... |
29.11.2006 | Travelguru, Indian travel portal, raises $15M amid lots of competition | Travelguru, an online travel portal in India, has won a commitment of $15 million from Battery Ventures and Sequoia Capital India for its second round of funding.
India has become a hot area, lately, especially in the travel industry, where... |
03.07.2006 | Ram Shriram: Things looking bubbly in India | Similar to Silicon Valley’s boom in the late 1990s, the Indian tech world is in full frenzy.
Ram Shriram, the founding investor in Google, started frequent travel to India last year to look for opportunties. He initially seemed close to Sil... |
- | MakeMyTrip Raises $10 Mn From Its Parent Company in Mauritius | Gurugram-based online travel aggregator MakeMyTrip has received $10 Mn (INR 69 Cr) investment from its Mauritius-based parent company MakeMyTrip Limited. The parent company has infused over $24.74 Mn (INR 170 Cr) in its Indian arm in the cu... |
- | Exclusive: MakeMyTrip Gets INR 73.5 Cr From Mauritius Entity As Virus Pinches OTAs | In the wake of the ongoing slowdown in the aviation and tourism industry, Gurugram-headquartered online travel company MakeMyTrip has raised INR 73.5 Cr in two tranches from Mauritius-based entity — MakeMyTrip Limited.
According to the mini... |
- | MakeMyTrip Launches $15 Mn Innovation Fund To Invest In Travel Tech Startups | Gurgaon based online travel firm, MakeMyTrip, has recently launched a $15-Mn innovation fund to invest in startups working on travel-related technology.
“The MakeMyTrip board in its last meeting has given a goahead to create a fund of $15 m... |
- | China’s Ctrip.com Invests $180 Mn In MakeMyTrip | Online travel company, MakeMyTrip, has announced that China’s Ctrip.com International, Ltd., a leading travel service provider has invested about $180 Mn in MakeMyTrip through convertible bonds.
In addition, MakeMyTrip has granted Ctrip per... |
- | 2016 In Review: Top 10 Most Funded Startups Of The Year | 2016 has been heralded as the year startups stopped paying attention to inflated valuation and started paying attention to sustainable business models. Course correction and managing expectations were the watchwords as January slid into Jun... |