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    MakeMyTrip’s Acquisition of Ibibo Group Gets CCI’s Nod

    HIGHLIGHTS MakeMyTrip and Ibibo announced merger last year in October CCI has approved the acquisition of Ibibo group by MakeMyTrip This will bring redBus, goibibo, Ryde under MakeMyTrip’s group Fair trade regulator CCI has approved online travel portal MakeMyTrip’s proposed acquisition of rival Ibibo group in an equity deal that would create one of the […]

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    Ibibo to raise $250 million from Naspers

    A file photo of Ashish Kashyap, founder and chief executive officer, Ibibo Group. Photo: Mint New Delhi: Indicating a huge opportunity in the travel and hotel booking space, South African media company Naspers Group on Wednesday announced its plans to invest an additional $250 million in online travel venture Ibibo Group, which owns and operates […]