MakeMyTrip is a giant in the Indian Travel sector. This is evident from the fact that one in every twelve tickets booked in the domestic air sector is done via the company. Adding to this achievement is the fact that its revenue has increased by a whopping 66% in the past year to reach the $197 million figure. In lieu of its recent growth, the company has announced a string of expansion and growth...

The online Travel Business has been booming since the past few years. With Air Travel and even Rail Bookings available online, the general public has taken really well to them. The convenience of any time booking and attractive discounts offered, services like MakeMyTrip, Yatra,  ClearTrip and Expedia garnered up quite an audience for air travel, while IRCTC grew popular for Rail Bookings. Out of...

Leading Indian Online Travel Agent (OTA) Yatra Online has raised $14.5 million in series D round of funding according to a SEC filing. This news was first reported by Techcircle.in According to the SEC disclosure Yatra is raising the capital sum through Series D preferred which is convertible to common stock. Even though Yatra CEO Dhruv Shringi has apparently denied any such fund-raising to Techcircle...

Yatra, one of India’s leading online travel portals has acquired Travelguru, which is the Indian arm of US company, Travelocity. The acquisition of this competitor has definitely made Yatra’s position stronger in the Indian online travel segment. Source: bestmediainfo.com Yatra has received funding from Intel Capital, Norwest Venture Partners, Reliance Capital and Valiant Capital Management....

Online Travel & Tourism companies are expected to spend large sums of money on advertising. Expedia.com that made an entry in India with its ‘Big Daddy of Online travel’ campaign had spent 25 Corers on ad-budget last year. This year it has set aside Rs. 60 Crores. Expedia has just commenced a new campaign that focuses on its comprehensive service offerings – ‘One word for travel’ While...

Yatra.com, an online Travel Services providers has just acquired Buzzintown, a website that provides information on deals and events. Earlier this year, Yatra had secured over 150 Crores & 200 Crores in separate round of funding from various Investment firms including Intel Capital, which, coincidentally has also invested in BuzzInTown. We wonder what could be Yatra’s strategy? In August this...

As a part of The State of the Internet India report, Comscore released stats on the online travel industry in India. The stats reveal that traffic to these travel sites has increased by 32%, from 13.9 million last year to 18.5 million visitors this year. “The online travel category continues to show strong growth in India,” said Kedar Gavane, comScore Director for India. “The convenience of...

Travel space seems back in action as new apps are being launched and new business models are being tried as well. Here is a low down on the same. Yatra Launches Cash On Delivery Yatra.com has announced the launch of its ‘Cash on Delivery’ (COD) service. This service is currently available for all customers in Delhi / NCR, Mumbai, Bangalore, Kolkata, Pune and Chennai with an endeavour...

We know that the group buy/daily deal sites witnessed major traffic growth in September. One of these – SnapDeal.com has carried on that momentum and broken into the top 100 for India according to Alexa’s Rankings(94 at the time of writing this post). Traffic Rank calculations are done based on factors like average number of daily visitors and pageviews. SnapDeal has surpassed some very...

HP India unveils DreamScreen, an icon-based interactive device that caters to shared environment as in family. The touchscreen device has been designed to help users get easy access to contents through internet such as videos, music, email, social networking updates, internet radio, news, video calling and lots more. It can also be used as a digital photo frame. You can load any of your favorite media...