Search results for “India”
Oyo Rooms raises $100 million from Softbank, others
Recently, an Indian startups, Oyo Rooms has raised $100 million from its existing investors, including Japan’s Softbank in its fifth round of funding.
Asia’s budget hotel aggregators spread their wings
Asia’s established budget hotel aggregators continue to expand at the same time as new investors pump cash into the sector. Hotel aggregators in India and Indonesia will embrace a golden time in this segmented market.
Thomas Cook India links up with Airbnb for international packages
Thomas Cook India and Airbnb announced that they were looking at ways of working together and the Airbnb tie-up will open up Airbnb’s entire global inventory to the Indian market.
India’s hotel receptionists take more bookings than the OTAs
Millward Brown research found that among more than 4.2 million room nights booked from July to September, OTA accounted for only 18%, while hotel receptionist accounted for 40%, much more than that of OTA.
$20 million Series A for eight-month-old Indian bus platform
After getting $20 million funding, the Indian bus platform Shuttl plans to move into other Indian cities. Its target customers are commuters and it hopes to encourage people to take public transport to go to work by providing them with bus booking service.
China and India power Asian corporate travel
Chinese and Indian corporates continue to increase their travel budgets while spending in the more mature markets of Singapore and Hong Kong is flat-lining.
Indian and Chinese govts try to get a grip on taxi apps
Moves by the Chinese and Indian governments to bring order to the sector will be welcomed by consumers. The impact on the businesses and investors is less clear.
India simplifies e-visa for Chinese tourists
Following its recent introduction of e-visas for Chinese nationals, India is stepping up its efforts to provide convenient visa service for Chinese visitors.
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