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