An Interview with Rohit Khetrapal and Simran Sial, Co-Founders Of Find MyStay

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The Indian travel market is projected to grow at 18 per cent in 2013 to reach $23.2 billion, according to a report from PhocusWright. Online travel in India continues to outpace the total travel market, with online gross bookings projected to reach USD 12.5 billion in 2015, up 80 per cent over 2012. Today there are Online Travel Agents like MakeMyTrip, Yatra, Cleartrip and others that offer an array...
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MakeMyTrip Scoops Up EasyToBook.com For Around $5 Million

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Following reports of its possible acquisitions, MakeMyTrip has bought Amsterdam-based EasyToBook.com (ETB) group of companies with an aim to enhance its presence in hotel bookings.The company said besides purchasing the shares, it has also further invested in the hotel aggregator and the investment is pegged at $5 million. Deep Kalra, Founder and Group CEO, MakeMyTrip.com, said, “The acquisition...
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MakeMyTrip Bets Big On Mobile, Plans Acquisitions For The Same

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MakeMyTrip, similar to various other online travel portal is focusing on its mobile experience. India’s largest online travel portal expects almost 50 per cent business from mobile in next three years.  With a resource of Rs 300 crore, the company plans to acquire technology companies that are into mobile application.CEO and Founder, Deep Karla revealed that MakeMyTrip has registered 20 per...
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Freshdesk Secures $7M Funding From Accel Partners And Tiger Global

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Freshdesk, a cloud based customer support company which offers a platform for businesses and startups to get up and running with their customer support operations has announced its latest round of funding. The Chennai based company has received $7 million in funds from Accel Partners and Tiger Global which are its existing investors. The firm had received $5 million funding from these investors...
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TicketGoose secures Rs 18 Cr from Indventure

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Online bus ticketing portal TravelGoose has raised a funding worth Rs 18 crore from US based Indventure. The raised funds will be used by the company to expand operations, increasing the workforce and enhancing customer experience. This is company’s second round of funding after it bagged Rs 3 Cr from US-based angel investors last year in July.Founded by Karthi Easwaramoorthy, Arun Athiappan...
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Air India Ties Up With MakeMyTrip Aims To Tap Growing Leisure Segment

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It appears now that the National Airlines of India has realized that vitality of Online Travel Agents (OTA). In order to tap the growing audience that prefers to book travels online, Air India has tied-up with OTA MakeMyTrip. Air India will look beyond airline ticketing & add ‘Air India Holidays’, a package offering platform that will be collate domestic as well as foreign destinations. Presently,...
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US Based HomeAway Acquires Travelmob To Expand In Asia

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Online vacation rental apartment website, HomeAway has acquired Singapore based Travelmob to forays into Asian markets. The financial details were not disclosed, but the US firm will take a 63 percent controlling stake in Travelmob, with the original founders keeping hold of the rest.Founded by Turochas ‘T’ Fuad and Prashant Kirtane in 2012, Travelmob went on to raise a funding round from...
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AirAsia Teams Up With MakeMyMtrip And Yatra In India

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In a bid to sell air tickets for its proposed airline venture in India, AirAsia, the low cost Malaysian airline has partnered popular online travel agencies like MakeMyTrip (MMT) and Yatra.As per the report, MMT has an almost six-month-old partnership with AirAsia for bookings on the international routes and is planning to sell the airline’s tickets on Indian routes going forward. A Yatra official...
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Online Travel Portal ‘Overalltravel.com’ Goes Live

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Overalltravel.com, an online travel solutions provider has entered the crowded online travel industry. Headquartered in Noida, the  company was launched in June by Bhupendar Mehta and Sanjay Singh. The portal offers flights, hotel and travel booking for domestic and international holidays. It also provides travel related services for corporate get-togethers, exhibitions, conferences, corporate off-sites....
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SMS Based Ticketing Service By IRCTC Goes Live

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The Indian Railways has launched the pre announced SMS based ticketing service for masses. Launched by Railway minister Mallikarjun Kharge, the ticketing service will start working form today. He said that the “service is being introduced in order to further improve the customer convenience and empower the common man who does not have access to internet and cannot afford to buy smart phones“. He...
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