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Yatra

BlackSoil deal count doubles in Q1 but average ticket size falls

Finance

24 August, 2023

BlackSoil deal count doubles in Q1 but average ticket size falls

Venture debt and alternative credit platform, BlackSoil Capital on Thursday said that it has invested $30 million (nearly Rs 250 ......

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Decoding the Dameras' unconventional investment strategy

People

13 December, 2022

Decoding the Dameras' unconventional investment strategy

When Ashwin Damera returned to India in 2005 from the US, he had declined a lucrative job offer from management ......

Travel startup Spotnana snags $75 mn in Series B; valn jumps ‘several fold'

TMT

26 July, 2022

Travel startup Spotnana snags $75 mn in Series B; valn jumps ‘several fold'

Travel tech startup Spotnana has raised $75 million in a Series B round, led by Durable Capital Partners LP, founders ......

Budget hotels aggregator Treebo raises growth round led by French firm Accor

TMT

30 June, 2021

Budget hotels aggregator Treebo raises growth round led by French firm Accor

Budget hotels aggregator Treebo has raised a growth round of Rs 118 crore (approximately $16 million) from a group of ......

Yatra seeks public market route for funding after scrapping Ebix merger deal

TMT

19 June, 2020

Yatra seeks public market route for funding after scrapping Ebix merger deal

Yatra Online, Inc., the Nasdaq-listed online travel services company, is looking to issue ordinary shares to raise funding, even as ......

Ebix threatens countersuit after Yatra scraps merger deal and seeks damages

TMT

09 June, 2020

Ebix threatens countersuit after Yatra scraps merger deal and seeks damages

The merger dispute between Yatra Online, Inc. and US-headquartered software firm Ebix Inc. may escalate after the latter threatened to ......

VC-backed travel portal Yatra scraps merger with Ebix, initiates litigation in US Court

TMT

06 June, 2020

VC-backed travel portal Yatra scraps merger with Ebix, initiates litigation in US Court

Nasdaq-listed Yatra Online, Inc. has filed a lawsuit against Ebix Inc. in a US court over breaches of merger agreement ......

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Yatra backer Chiratae Ventures bets on another travel-tech startup

TMT

28 April, 2020

Yatra backer Chiratae Ventures bets on another travel-tech startup

Chiratae Ventures, which has previously backed travel-tech companies Yatra and Tripoto, has invested in another startup that offers online ticket ......

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Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Finance

28 April, 2020

Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Last year, Norwest Venture Partners sealed a rare deal in India’s venture capital industry. The six-decade-old venture and growth-stage investor ......

Ebix signs pact to acquire Yatra, plans EbixCash IPO

TMT

17 July, 2019

Ebix signs pact to acquire Yatra, plans EbixCash IPO

Software firm Ebix Inc. said on Wednesday it has signed a definitive agreement to acquire Nasdaq-listed Yatra Online Inc. in ......