🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Oyo partners Yatra to expand business travel offerings - The Economic Times
Economic Times
·
26d ago
Medial
Oyo has teamed up with travel platform Yatra to enhance its business travel offerings, especially in major Indian hubs like Delhi-NCR, Mumbai, and Bengaluru. Over 500 Oyo company-serviced hotels have joined Yatra's platform, with plans to add 1,000 more by September. This partnership aims to boost Yatra’s inventory, catering to the growing demand for quality accommodations in emerging metros driven by increased business travel. Oyo seeks to tap into niche business travel markets and blended travel programs.
View Source
1
Related News
Yatra Buys Globe Travels To Boost Its Corporate Travel Playbook
Inc42
·
11m ago
Medial
Yatra, a leading online travel company in India, has acquired corporate travel service provider, Air Travel Bureau (ATB). The acquisition aims to bolster Yatra's presence in the corporate travel sector and expand its customer base by adding ATB's 360 customers to its existing 850 corporate clients. Yatra expects the acquisition to have a positive impact on its financials.
View Source
Ixigo IPO: A look at the online travel aggregator’s listed rivals
Economic Times
·
1y ago
Medial
Ixigo, the online travel company, made its stock market debut with a 45% premium over its issue price. The IPO of Le Travenues Technology, which operates Ixigo, was oversubscribed 98 times, showcasing strong demand. Other players in the travel sector, like Makemytrip, Yatra, and Easemytrip, have also seen varying performances. Makemytrip recorded record profit and gross bookings, Yatra reported a loss, and Easemytrip posted an increase in revenue and profit. The online travel aggregator industry faced challenges during the Covid-19 pandemic but quickly recovered as the demand for travel increased.
View Source
Yatra Online acquires corporate travel agency Globe Travels for ₹128 crore | Mint
Livemint
·
11m ago
Medial
Online travel agency Yatra Online has announced its acquisition of Globe Travels for INR 128 crore from Ramkrishna Forgings, a move that aims to strengthen Yatra's corporate travel business and drive growth. The acquisition will enhance Yatra's capabilities in reservation and booking services for both corporate and leisure travel, as well as tour planning and car rentals. It is expected to expand Yatra's corporate customer base by 40%, adding 360 companies. The acquisition aligns with Yatra's strategy to deepen its presence in key markets and verticals and strengthen its corporate travel and MICE capabilities.
View Source
TBO Tek Makes A Strong Market Debut, Lists At Over 55% Premium On NSE
Inc42
·
1y ago
Medial
B2B travel portal Travel Boutique Online (TBO) had a successful IPO, with its public issue being oversubscribed 86.7 times. The company's shares were listed at a premium of 50-55% over the issue price on both the NSE and BSE. TBO Tek provides travel solutions to travel agents and tour operators, offering services such as white-label solutions and hotel and flight booking APIs. With this successful IPO, TBO Tek joins other travel companies like MakeMyTrip and Yatra in the public market.
View Source
Yatra Success Story | India's Leading Corporate Travel Services Provider
StartupTalky
·
1y ago
Medial
Yatra is a prominent travel agency founded in 2006, offering a wide range of services including air travel, hotel bookings, tour packages, and more. With headquarters in Gurgaon, India, the company has experienced significant growth and has acquired several other travel services along the way. Yatra operates in the flourishing tourism and travel industry, which is expected to continue expanding in the coming years. The company has faced challenges such as increasing airfares and visa accessibility issues, but continues to thrive and innovate in the market. Yatra has secured substantial funding and has received recognition through various awards. It faces competition from other major players in the industry like MakeMyTrip and Expedia. Looking ahead, Yatra plans to strengthen its network and enhance its technology-driven travel services.
View Source
OYO says it added 2,800 new corporate clients in January-July 2023
Economic Times
·
1y ago
Medial
According to a report by Oyo titled 'Oyo Business Travel Trends Report 2023', the hospitality tech platform added nearly 2,800 corporate clients between January and July 2023, marking an 11.75% YoY increase. The report also indicates that Hyderabad is the leading city in terms of corporate clients, followed by Gurugram, Delhi, Bengaluru, Mumbai, Kolkata, and Pune. The growth is attributed to a strong demand from startups, film production houses, travel management companies, small and medium-scale enterprises, and traditional business houses and conglomerates.
View Source
OYO showed thousands of fake bookings to inflate its turnover, claims Jaipur hotel in FIR
Inshorts
·
3m ago
Medial
A Jaipur hotel claimed OYO showed thousands of fake bookings to inflate its annual turnover, a move leading to the hotel receiving a 'wrong' GST notice worth ₹2.66 crore. In an FIR, the hotel claimed OYO provided it ₹10.95-lakh business in 2019-20 while OYO showed bookings at the hotel worth ₹22.22 crore, inflating booking amount by over 200 times.
View Source
OYO Enters Corporate Travel Space With B2B Venture
Inc42
·
9m ago
Medial
OYO has launched a new B2B venture in India that focuses on corporate travel and event planning. The venture offers specialized services across its network of 500+ company-serviced accommodations. These services include personalized offerings like customized meal plans, conference setups, and event support. Notable clients such as Tech Mahindra and Reliance Group have already started using these services. This launch is part of OYO's strategy to diversify and expand its global presence, which includes recent acquisitions, leadership changes, and plans to achieve profitability in FY24.
View Source
Travel startup TripFactory raises $50 mn in early-stage funding
VCCircle
·
9m ago
Medial
Singapore-based travel platform TripFactory has raised $50 million in a Series A funding round. The funding was led by an undisclosed corporate investor, and the parent company's valuation is now $500 million. TripFactory, which operates in over 110 countries and partners with travel agents to offer customised vacation packages, plans to use the funding to expand its market presence and diversify its product offerings. The company previously raised $10 million in a Series A round in 2014.
View Source
Peak XV, Elevation-backed Atlys flies into UK with Artionis acquisition
VCCircle
·
5m ago
Medial
Atlys, a digital visa services provider backed by Peak XV Partners and Elevation Capital, has entered the UK market through the acquisition of Artionis. This move includes onboarding Artionis’ staff and planning to double its UK headcount. The acquisition aims to streamline the visa processing experience. Founded in 2021, Atlys has processed over 2 million visas and raised substantial funding to expand its global travel services platform, targeting offerings like e-SIMs, forex, and travel insurance.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
