MakeMyTrip Grows Despite Turbulence in India’s Airline Sector

A view inside the main MakeMyTrip offices in Gurgaon, India. On Tuesday the online travel agency group reported its latest earnings. MakeMyTrip Skift Take: The past year has been a horror show for India’s aviation sector. So MakeMyTrip deserves kudos for continuing to grow its air ticketing and overall sales despite the upheaval. But executives … [Read more…]

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Ebix chairman and CEO Robin Raina talks at Ebix Presents TV18 India Rising Summit 2019, a pan-India thought leadership effort sponsored by Raina’s U.S.-based software company. Ebix, an Atlanta-based tech company, is buying Indian-based travel services provider, is acquiring India’s online travel company Yatra for about $380 million. Ebix Skift Take: Corporate travel and event … [Read more…]

Booking Site Ixigo’s Rail-First Strategy Propels Growth in India

An illustration of how consumers can use the Ixigo trains app to overlay a digital image and discover which train car their ticketed seat is in. Ixigo CEO Aloke Bajpai said the startup he co-founded is now achieving rapid growth. Ixigo Skift Take: An exclusive first look at Ixigo’s fiscal year financials reveals that the … [Read more…]

Amazon Confirms Flight-Booking Launch as Part of a Superapp Strategy

Amazon Prime Air Boeing 767, photographed on August 8, 2016 from Wolfe Air Learjet 25B. Amazon launched a domestic flight service in India. Chad Slattery / Amazon Skift Take: Amazon wants to be a superapp, the mobile tool of choice to book flights, buy books, and make payments. In travel, flights are only the beginning. … [Read more…]

Amazon’s Travel Strategy Comes Into Focus

Amazon previously tried selling hotel stays via weekend getaways, but is trying anew with flights in India. Skift Skift Take: The same rules that apply to run-of-the-mill travel sellers do not necessarily apply to Amazon. While cash back on flights in India may seem loss-generating and unsustainable, for Amazon it could be a winning strategy. … [Read more…]

Why Ebix Wants to Buy India’s Corporate Travel Player Yatra for $336 Million

Ebix chairman and CEO Robin Raina talks at Ebix Presents TV18 India Rising Summit 2019, a pan-India thought leadership effort sponsored by Raina’s U.S.-based software company. Ebix has bid to acquire Yatra, an online travel company in India, as part of Ebix’s expansion into travel services. Ebix Skift Take: Ebix has made a generous takeover … [Read more…]