Tag Archives: travelguru

08 Feb

IndiaBiz wrapup: Reliance Entertainment valued @ $3bn, TravelGuru’s affiliate program..and more

By sinha 2 Comments

Roundup of important events in India Business world: US-based billionaire, George Soros has picked up 3% stake in Reliance Entertainment for $100million, valuating the firm @ $3billion. Reliance Entertainment includes Zapak, BigFlicks, BigAdda, JumpGames, Anirights, Big Music and Big Movies. … Read More »

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20 Dec

Travel Industry set for consolidation : TravelGuru grabs Desiya for 100 crores, Travelocity hunting for one..

By sinha 6 Comments
Travel Industry set for consolidation : TravelGuru grabs Desiya for 100 crores, Travelocity hunting for one..

As expected, TravelGuru has finally announced Desiya acquisition @ Rs. 100 crores ($25 million). Desiya has 1,000 travel agents and 225 travel portals among it’s clients. It has 1,500 hotels in it’s inventory all over India and has a strong … Read More »

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10 Oct

Indian Travel Industry roundup: TravelGuru to acquire Desiya, MakeMyTrip raises $15mn, Yatra plans IPO

By sinha 12 Comments

It’s show time (as well as consolidation time) in the online Travel space and here is the current roundup: TravelGuru to acquire Desiya (reports vccircle) Gurgaon-based Desiya was founded in early 2005, and currently employs about 50 people. It only … Read More »

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07 Jun

Online Travel Industry in India – the story so far

By sinha 28 Comments

The online travel market, as we all know is overcrowded. Here is a quick recap of the existing players, what they do and their funding status: OTA (online travel agency) Funding Investor Extra plugs FlightRaja (now called Via) $5 million … Read More »

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