MakeMyTrip has received the infusion in two tranches.
Eddy Travels has increased its user base from 100,000 to nearly two million in a few months before the outbreak of coronavirus.
Baidu and Booking Holdings have both taken a step back and sold part of their stakes in the Chinese online travel giant.
FTI Group has services across 120 destinations in 6 source markets with over 70 own and managed hotels.
Tuniu expects its net revenues to decline by 65%-75% for the first quarter this year.
The deal allowed Hotel Shilla to become the second-largest shareholder after 3Sixty Chairman Bernard Klepach.
Sabre still has to wait for a UK antitrust regulator to rule before it can complete the deal.
The deal raised Airbnb’s cash reserves to around USD 4 billion.
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