CCI Orders for MakeMyTrip, Oyo Spark New Debate on Price Parity Agreements
The Competition Commission of India‘s Rs 392 crore fine on online travel aggregators MakeMyTrip (MMT) and Goibibo and hospitality firm Oyo has triggered a fresh...
Tag : MakeMyTrip
Big Tech Officials to Appear Before Parliamentary Panel on Tuesday
According to media reports, officials from Meta, Google, Amazon, Apple, Uber and Netflix will appear before a parliamentary panel investigating anti-competitive practices in the digital...
BookMyForex Adds New Feature of ‘Book Now Pay Later’
Customers can now place orders on BookMyForex.com, a member of the MakeMyTrip group, using its 24-hour remittance service. Under the “Book Now, Pay Later” option,...
Slice Raises $50 Million Led by Existing Investor Tiger Global
Lending and payments platform Slice has raised $50 million, led by existing investor Tiger Global, as part of a Series C round aimed at propping...
MakeMyTrip Partners With Banks, NBFCs, Fintech to Launch “Book Now Pay Later” Option
Online travel company MakeMyTrip said Thursday it has partnered with 15 banks, NBFCs and Fintech players, including HDFC Bank, IDFC Bank, Capital Float and Zest...
Arkam Ventures Closes Maiden Fund at $106 Million
Arkam Ventures declared that it had closed its maiden fund at $106 million. The company said the fund was oversubscribed and has invested in twelve...
IAMAI Launches Mentoring Programme for Indian Startups
The Internet and Mobile Association of India (IAMAI) has launched an initiative for mentoring Indian startups bringing a bunch of local entrepreneurs as mentors. Founders...
Flipkart to Acquire Cleartrip for $40 Million
Flipkart is in talks to acquire Cleartrip, one of the oldest travel booking portals in India, two people in the know said, as the Walmart-owned...
CCI Tells MakeMyTrip to Relist Treebo, FabHotels Properties on its Platform
India’s competition watchdog has directed MakeMyTrip to allow Treebo and FabHotels to relist their properties on its platforms, granting the two budget hotel chains interim...
MakeMyTrip aims to raise USD 330 mn through share sale
MakeMyTrip, an online travel firm has said that it is going to raise USD 330 million (over Rs 2,115 crore) through share sale to investors...