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Yatra acquires corporate travel player Globe Travels for $15 mn

TMT

03 September, 2024

Yatra acquires corporate travel player Globe Travels for $15 mn

Nasdaq-listed travel agency Yatra Online has agreed to acquire corporate travel services provider Globe Travels from forging company Ramkrishna Forgings ......

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How Paytm, Zomato and other internet-related businesses are valued on stock markets

TMT

15 July, 2024

How Paytm, Zomato and other internet-related businesses are valued on stock markets

In the second half of 2021, the pandemic-driven boom in technology stocks prompted many Indian internet-related business ventures to float ......

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Searchlight: How a bootstrapped tour and travel firm stood its ground as peers struggled

TMT

17 May, 2024

Searchlight: How a bootstrapped tour and travel firm stood its ground as peers struggled

India’s tour and travel services sector has gone through much disruption over the last decade with several companies folding up ......

BlackSoil deal count doubles in Q1 but average ticket size falls

Finance

24 August, 2023

BlackSoil deal count doubles in Q1 but average ticket size falls

Venture debt and alternative credit platform, BlackSoil Capital on Thursday said that it has invested $30 million (nearly Rs 250 ......

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Decoding the Dameras' unconventional investment strategy

People

13 December, 2022

Decoding the Dameras' unconventional investment strategy

When Ashwin Damera returned to India in 2005 from the US, he had declined a lucrative job offer from management ......

Travel startup Spotnana snags $75 mn in Series B; valn jumps ‘several fold'

TMT

26 July, 2022

Travel startup Spotnana snags $75 mn in Series B; valn jumps ‘several fold'

Travel tech startup Spotnana has raised $75 million in a Series B round, led by Durable Capital Partners LP, founders ......

Budget hotels aggregator Treebo raises growth round led by French firm Accor

TMT

30 June, 2021

Budget hotels aggregator Treebo raises growth round led by French firm Accor

Budget hotels aggregator Treebo has raised a growth round of Rs 118 crore (approximately $16 million) from a group of ......

Yatra seeks public market route for funding after scrapping Ebix merger deal

TMT

19 June, 2020

Yatra seeks public market route for funding after scrapping Ebix merger deal

Yatra Online, Inc., the Nasdaq-listed online travel services company, is looking to issue ordinary shares to raise funding, even as ......

Ebix threatens countersuit after Yatra scraps merger deal and seeks damages

TMT

09 June, 2020

Ebix threatens countersuit after Yatra scraps merger deal and seeks damages

The merger dispute between Yatra Online, Inc. and US-headquartered software firm Ebix Inc. may escalate after the latter threatened to ......

VC-backed travel portal Yatra scraps merger with Ebix, initiates litigation in US Court

TMT

06 June, 2020

VC-backed travel portal Yatra scraps merger with Ebix, initiates litigation in US Court

Nasdaq-listed Yatra Online, Inc. has filed a lawsuit against Ebix Inc. in a US court over breaches of merger agreement ......