Following are the Travel websites which offers air ticket services
Yatra.com Domestic
goair
yaatra
travelosity
jetlite
airdeccan
railway reservation
paramount airways
Tuesday, June 23, 2009
Wednesday, June 10, 2009
MakeMyTrip Raises $15 Million In Series C From Tiger Fund, Existing Backers
MakeMyTrip Domestic Raises $15 Million In Series C From Tiger Fund, Existing Backers
India's leading travel portal MakeMyTrip.com Domestic has closed Series C investment of $15 million from Tiger Fund and the three existing venture capital investors - SAIF Partners, Helion Venture Partners and Sierra Ventures. In the current round, Tiger has invested $8 million, while the remaining $7 million was put in by the return backers. Deep Kalra, CEO of MakeMyTrip, has confirmed the investment.
In December last year, MakeMyTrip raised $13 million from SAIF Partners, Helion and Sierra in its second round of funding. In 2005, SAIF had invested $10 million in the company when it kicked off its India operations. The company (the US operations of MakeMyTrip) had earlier received $1 million from eVentures, which was later bought back by promoters. Now SAIF remains the largest external shareholder in the company.
This round could probably be the last round of VC investment in the company, as the next step would be to go in for an IPO. Kalra told VC Circle that the company is expected to turn profitable by May 2008, and an IPO can be expected in early 2009. It currently has $22 million commission revenues - $16 million from the domestic market and the rest from its US operations. The revenue breakup is like this: 70 per cent from ticketing and 30 per cent from hotels and packages. MakeMyTrip has so far received a total of $39 million in venture capital.
India's leading travel portal MakeMyTrip.com Domestic has closed Series C investment of $15 million from Tiger Fund and the three existing venture capital investors - SAIF Partners, Helion Venture Partners and Sierra Ventures. In the current round, Tiger has invested $8 million, while the remaining $7 million was put in by the return backers. Deep Kalra, CEO of MakeMyTrip, has confirmed the investment.
In December last year, MakeMyTrip raised $13 million from SAIF Partners, Helion and Sierra in its second round of funding. In 2005, SAIF had invested $10 million in the company when it kicked off its India operations. The company (the US operations of MakeMyTrip) had earlier received $1 million from eVentures, which was later bought back by promoters. Now SAIF remains the largest external shareholder in the company.
This round could probably be the last round of VC investment in the company, as the next step would be to go in for an IPO. Kalra told VC Circle that the company is expected to turn profitable by May 2008, and an IPO can be expected in early 2009. It currently has $22 million commission revenues - $16 million from the domestic market and the rest from its US operations. The revenue breakup is like this: 70 per cent from ticketing and 30 per cent from hotels and packages. MakeMyTrip has so far received a total of $39 million in venture capital.
Thursday, May 28, 2009
MAkemytrip Offer domestic flights in india
MAkemytrip Offer domestic flights in india
Makemytrip.com domestic is a comprehensive travel related site dedicated to providing you perfect solution for your makemytrip domestic travel queries. Makemytrip.com domestic provides you information about domestic airlines, international airlines, hotels and domestic and international holiday packages. Makemytrip.com domestic is equipped with a sophisticated domestic booking engine which gives you the flexibility to check the availability of the discounted airfares on all domestic carriers ie simply fly Deccan, go indigo air, spice jet, kingfisher airlines, jetlite and many others. At Makemytrip.com domestic you can search for the cheap domestic and international airfares and book your flight ticket to your favourite destination online from anywhere. Besides flights, you can also book hotels for various destinations across India at Makemytrip.com domestic
Makemytrip.com domestic provides you discounted vacation packages to all top tourist destinations in India and abroad. From theme based holiday packages like adventure, heritage to romantic weekend gateways, Makemytrip.com domestic offers exciting holiday packages taking care of all budgets and tastes. You can not only book best holiday packages but can also make your holiday package to your favorite destinations on your own by choosing discounted hotels and booking cheap flight tickets from Makemytrip.com domestic.
Makemytrip.com domestic is a comprehensive travel related site dedicated to providing you perfect solution for your makemytrip domestic travel queries. Makemytrip.com domestic provides you information about domestic airlines, international airlines, hotels and domestic and international holiday packages. Makemytrip.com domestic is equipped with a sophisticated domestic booking engine which gives you the flexibility to check the availability of the discounted airfares on all domestic carriers ie simply fly Deccan, go indigo air, spice jet, kingfisher airlines, jetlite and many others. At Makemytrip.com domestic you can search for the cheap domestic and international airfares and book your flight ticket to your favourite destination online from anywhere. Besides flights, you can also book hotels for various destinations across India at Makemytrip.com domestic
Makemytrip.com domestic provides you discounted vacation packages to all top tourist destinations in India and abroad. From theme based holiday packages like adventure, heritage to romantic weekend gateways, Makemytrip.com domestic offers exciting holiday packages taking care of all budgets and tastes. You can not only book best holiday packages but can also make your holiday package to your favorite destinations on your own by choosing discounted hotels and booking cheap flight tickets from Makemytrip.com domestic.
Wednesday, May 27, 2009
MakeMyTrip.com introduces Virtual Hotel Tours tool
MakeMyTrip.com introduces Virtual Hotel Tours tool
MakeMyTrip.com has introduced Virtual Hotel Tours, a category-leading innovation, for hotel buyers on the website. This tool has been developed to assist travellers in making their hotel selections online, in response to user feedback. The virtual tour is a streaming video of all touch-points of the hotel for visitors – reception, coffee shop, rooms, washrooms and hotel surroundings. This innovative tool will enable users to make an informed decision while booking their hotels online and avoid any surprises later. It will also help mobilise a significant section of the traffic on the website to make their hotel purchase decision online. The service is currently available for 85 hotels in India. These cover a total of 30 cities. MakeMyTrip plans to expand this portfolio to offer over 500 virtual tours by the end of this year.
Elaborating on this offering, Rajnish Kapoor, Chief Innovation Officer, MakeMyTrip.com said, “At MakeMyTrip we take pride in continuously enhancing the user experience with the website by innovating with the interface, delivery medium and payment options. Virtual Tours is a first-in-industry offering by MakeMyTrip and we expect it to significantly increase traction on the website. In a real-world situation, people like the look, touch and feel of products. We are trying to provide this experience to users, as far as possible. The hotels category has been performing well for us over the last few years and this development will catalyse the online shift of hotels further.”
Adding more onto the business impact of this innovation, Kapoor said “Being the only website to offer this feature in India, this will drive value for our hotel partners to engage with us. They will also receive greater exposure if they activate this feature. Customers receive a sense of comfort while the business stakeholders see greater savings with transactions moving online. This is a win-win situation for all parties.”
MakeMyTrip.com has introduced Virtual Hotel Tours, a category-leading innovation, for hotel buyers on the website. This tool has been developed to assist travellers in making their hotel selections online, in response to user feedback. The virtual tour is a streaming video of all touch-points of the hotel for visitors – reception, coffee shop, rooms, washrooms and hotel surroundings. This innovative tool will enable users to make an informed decision while booking their hotels online and avoid any surprises later. It will also help mobilise a significant section of the traffic on the website to make their hotel purchase decision online. The service is currently available for 85 hotels in India. These cover a total of 30 cities. MakeMyTrip plans to expand this portfolio to offer over 500 virtual tours by the end of this year.
Elaborating on this offering, Rajnish Kapoor, Chief Innovation Officer, MakeMyTrip.com said, “At MakeMyTrip we take pride in continuously enhancing the user experience with the website by innovating with the interface, delivery medium and payment options. Virtual Tours is a first-in-industry offering by MakeMyTrip and we expect it to significantly increase traction on the website. In a real-world situation, people like the look, touch and feel of products. We are trying to provide this experience to users, as far as possible. The hotels category has been performing well for us over the last few years and this development will catalyse the online shift of hotels further.”
Adding more onto the business impact of this innovation, Kapoor said “Being the only website to offer this feature in India, this will drive value for our hotel partners to engage with us. They will also receive greater exposure if they activate this feature. Customers receive a sense of comfort while the business stakeholders see greater savings with transactions moving online. This is a win-win situation for all parties.”
Tuesday, May 12, 2009
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