The company's mission is to organize the transportation and accommodation industry and connect it with the travelers. More than 3mn unique users transact with ibibo platforms every month making ibibo the biggest travel company in India!
ibibo Group was founded by Ashish Kashyap and the company also owns a minority stake in Naspers’ global payments business, PayU Global.
Overview
Funding Rounds 1
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Mentions in press and media 15
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| Oct 29, 2018 | Ibibo ex-CEO Kashyap’s startup IndWealth raises $30 mln from Steadview Capital | Despite the COVID-19 pandemic, this year has seen active fundraising in the startup space, where e-learning and online food ordering firms nabbed a majority of the big bags – six and three respectively. Here is a look at the top 10 startup ... |
| Oct 29, 2018 | Steadview Capital invests $30 mn in Ibibo founder’s to-be-launched venture | Ashish Kashyap, who founded travel booking firm Ibibo Group, has launched a new fin-tech startup named INDwealth, a company statement said. INDwealth has raised $30 million (around Rs 219 crore at current exchange rates) from Hong Kong-base... |
| Oct 22, 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 ... |
| Feb 27, 2016 | Ibibo Group Receives $250M Investment from Naspers | Ibibo Group, an Indian online travel company, receives an additional $250m investment from South African media company Naspers (JSE: NPN.SJ and LSE: NPSN). Ibibo will use the funds to extend its market position in the Indian hotels category... |
| Feb 26, 2016 | Microsoft acquires Xamarin; Ibibo raises $250 million; ThousandEyes raises $35 million Series C round | Another busy week has seen Microsoft acquire Xamarin, a platform provider for mobile app development, while Indian travel group Ibibo has raised $250 million and Southern Californian gaming technology company Razer has raised a Series C rou... |
| Feb 25, 2016 | Naspers invest R3.9bn into India’s ibibo | |
| Feb 25, 2016 | India’s ibibo Group Raises $250 Million and More in This Week’s Travel Startup Funding | This week’s travel startup funding news, all in one place. — Dan Peltier |
| Feb 24, 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... |
| Jun 21, 2013 | Tencent, Naspers JV Ibibo Buys Redbus To Grow Its Online Travel Empire In India | China’s internet giant Tencent and South Africa’s media powerhouse Naspers are doubling down on tech in India. TechCrunch has just found out that Ibibo, their domestic joint venture, has acquired redBus.in, a Bangalore-based online bus tick... |
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FAQ about ibibo Group
When was ibibo Group founded?
ibibo Group was founded in 2007.
How much funding has ibibo Group raised?
ibibo Group has raised $250M in total across 1 funding round.
What has the press written about ibibo Group?
Parsers VC has collected 15 articles mentioning ibibo Group, among them “Ibibo ex-CEO Kashyap’s startup IndWealth raises $30 mln from Steadview Capital” (Oct 29, 2018) and “Steadview Capital invests $30 mn in Ibibo founder’s to-be-launched venture” (Oct 29, 2018).
Is ibibo Group still active?
Yes, ibibo Group is active; its latest activity on Parsers VC dates from Nov 6, 2026.