Top Headlines

ibibo to merge with MakeMyTrip; Naspers-Tencent to own 40% stake in combined biz

In the biggest consolidation move in the online travel agency (OTA) space in India, NASDAQ-listed MakeMyTrip Ltd has...

Deepti Chaudhary

Former Mylan execs’ drug firm Eywa gets PE funding from Eight Roads, F-Prime Capital

Eywa Pharma Pte Ltd said on Tuesday it has raised $30 million (Rs 200 crore) from investors including private equity...

Ranjani Raghavan

In Charts: How IFC is betting big on India

India continues to be the most favoured destination for the International Finance Corporation (IFC), the private-sector...

Keshav Sunkara

Carlyle-backed PNB Housing ups IPO size, seeks $1.9 bn valuation

Mortgage lender PNB Housing Finance Ltd has increased the size of its initial public offering and is seeking a...

TEAM VCC

How was Baring India PE’s exit from Muthoot Finance?

Baring India Private Equity Fund, which bet big on the gold loan business around five years ago by putting money ...

Bruhadeeswaran R

Barbeque Nation asks I-bankers to pitch for IPO mandate

Ranjani Raghavan and Debjyoti Roy

Exclusive: Geist craft beer maker raises fresh funding

Debjyoti Roy

How NBFCs are growing faster than banks, in five charts

Infographic: NBFCs Shining

Keshav Sunkara

BlackSoil Realty Fund exits Sheth Developers with profit

Swet Sarika

Century Textiles drags Snapdeal, its founders to court over trademark infringement

Maulik Vyas

Thinkstock

MakeMyTrip, ibibo to merge in all-stock deal

US-listed MakeMyTrip Ltd will merge ibibo Group, majority-owned by South African technology group Naspers Ltd, with itself in an all-stock deal that marks the the biggest consolidation move in India’s online travel agency sector. Naspers and China’s Tencent, which own 91% and 9%, respectively, of Ibibo, will together own a 40% stake in the combined entity.

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GST Council reaches consensus on compensation to states

Online financing platform Lendingkart acqui-hires KountMoney

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Former Zensar Tech chairman Ganesh Natarajan invests in Studio Coppre

Zephyr Peacock to invest in potato seeds firm Utkal Tubers

GST Council meeting today: What could be the final tax rate?

TVS Capital’s Gopal Srinivasan, others invest in International Money Matters

Analjit Singh-led firm buys 51% in restaurant chain Riga Foods

General Catalyst Partners invests $2.5 mn in solar marketplace MYSUN

Warburg Pincus-backed Laurus Labs gets SEBI nod for IPO

Freshdesk acquires former Google execs’ startup Chatimity

Exclusive: Hyderabad Angels backs EPaathSala

Sensex on a high feels good? See where Brazil’s Bovespa is headed

Exclusive: Aditya Birla Real Estate Fund set to pick insider for top job

Ola, Uber hike fares, slash driver incentives...
Binu Paul
Online travel portals MakeMyTrip and ibibo to merge...
Deepti Chaudhary
Freshdesk buys former Google execs’ social chat pl...
Disha Sharma

Pure-play ecommerce model is not sustainable, says F...
Dearton Thomas Hector
Exclusive: SaaS startup EPaathSala raises pre-Series...
Disha Sharma
Solar marketplace MYSUN gets $2.5 mn from General Ca...
Disha Sharma

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By 2020, at least 10 diagnostics firms will be listed in India: Thyrocare's Velumani A Velumani, founder and CEO of diagnostic chain Thyrocare Technologies Ltd, which made a blockbuster listing earlier this year, sees the industry getting crowded in the near ter

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