2017 will be an acid test for travel tech startups: Travelyaari’s Lama

Aurvind Lama, co-founder and CEO, TravelyaariFor the travel tech industry, 2016 was a year of initiatives and optimisation, and 2017 will be a year of innovation, says Aurvind Lama, co-founder and CEO, Travelyaari, a bus ticket-booking portal. Lama believes there will either be a lot of mergers in 2017, or companies will get wiped out upon failing to scale up: […]

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We didn’t want to compromise growth by going in for M&A, says Yatra’s Dhruv Shringi

Dhruv Shringi, Co-founder, Yatra.comOne of India’s fastest growing online travel agents and consumer travel platform Yatra Online has entered into a merger agreement with Terrapin 3 Acquisition Corporation, a NASDAQ-listed special purpose acquisition firm. The deal, which values Yatra Online at $218 million, was announced on July 14. Post the proposed merger, Yatra will be listed on NASDAQ […]

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Exclusive: Travel-tech startup Naturenama gets seed funding from White Unicorn Ventures

Shaunak Modi, founder, NaturenamaTravel-tech startup Naturenama Pvt Ltd has raised Rs 1.5 crore ($225,000) in seed funding from venture capital firm White Unicorn Ventures. The Mumbai-based startup will use the funds mainly for technology enhancement, brand building and marketing, founder Shaunak Modi told Techcircle. Modi started Naturenama in January. The startup aims to be the one-stop destination for […]

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Former Snapdeal CTO Amitabh Misra’s travel-tech venture Gofro takes off

Amitabh-Misra-Gofro2MakeMyTrip-backed travel-tech startup Bona Vita Technologies Pvt Ltd has finally come out of the stealth mode with its platform Gofro.com. Founded by former Snapdeal CTO Amitabh Misra, the Delhi-based startup has launched an online travel planning and booking marketplace for Indians travelling abroad. “There are companies who just do itinerary planning, there are some who […]

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