Online travel aggregator MakeMyTrip on Wednesday announced a partnership with Google Cloud to enhance its artificial intelligence (AI) platform Myra. The collaboration aims to simplify and personalise travel planning...
Delphi World Money acquires stake, management control in Ebix Travels
Delphi World Money on Wednesday announced that it had acquired a substantial equity stake, along with management control, in Ebix Travels, an online travel services firm within the Ebix Group, according to a joint...
TBO Tek to acquire US based Classic Vacations
TBO Tek announced its agreement to acquire US based Classic Vacations from Phoenix-based investment firm, The Najafi Companies, for an estimated total purchase of up to $125 million. The acquisition brings together the...
NCLT clears Yatra Online’s amalgamation scheme involving six subsidiaries
Yatra Online Ltd on Friday announced that the National Company Law Tribunal (NCLT), Mumbai Bench, approved its petition for amalgamation of its six wholly-owned subsidiaries. Marking a significant development for the...
MakeMyTrip to acquire Happay’s expense management platform from CRED
MakeMyTrip, an online travel company, on Monday said that it has signed a business transfer agreement to acquire Happay’s expense management platform from CRED for an undisclosed amount. CRED is a members-only app that...
EaseMyTrip.com forays into study tourism with acquisition of Planet Education
EaseMyTrip.com announced the approval of acquisition of Planet Education Australia, an Australia-based comprehensive education services provider making a strategic investment of 49% paid-up share capital. This strategic...
Wilson & Hughes acquires Cox & Kings, plans re-entry into travel market
Wilson & Hughes, a Singapore-based private equity firm, has acquired the 260-year-old travel brand Cox & Kings through the insolvency process. The acquisition includes over 200 sub-brands previously owned by Cox...
EaseMyTrip enters medical tourism; board approves Rs 90 crore acquisitions
Online travel platform EaseMyTrip on Tuesday announced its move into the growing medical tourism sector with the acquisition of a 49 per cent equity stake in Pflege Home Healthcare for Rs 30 crore, and a 30 per cent...
Yatra acquires Globe Travels for Rs 128 crore in cash
Yatra Online Limited announced on Monday that it has entered into a definitive agreement to acquire 100% of Globe All India Services Limited (Globe Travels), a corporate travel services provider for Rs 128 crore in cash...
Qantas to buy remaining 49% stake in TripADeal for $140.6 mln
Australia’s Qantas Airways said on Thursday it will acquire the remaining 49% stake in online travel business TripADeal for A$211 million ($140.6 million) as the airline seeks to capitalize on strong demand for...
Thomas Cook owner in advanced talks to sell brand – Sky News
Chinese tourism group Fosun is in advanced talks to sell its Thomas Cook brand to Polish online travel agent eSky, Sky News reported, citing sources. A deal with eSky, which is majority-owned by private equity firm MCI...
TBO Tek buys Jumbo’s online business to expand global footprint
General Atlantic backed global travel distribution platform TBO Tek Limited-that has filed its draft IPO papers with Sebi, told ET it has signed a deal to acquire the online business of Jumbo Tours Group of Spain...
