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Thailand overtakes UAE as top New Year international destination for Indian travellers: MakeMyTrip

IndianStartupNews

IndianStartupNews · 2m ago

Thailand overtakes UAE as top New Year international destination for Indian travellers: MakeMyTrip

According to MakeMyTrip, Thailand has surpassed the UAE as the top New Year international destination for Indian travelers. Booking data reveals significant interest in short-haul destinations, with Southeast Asia, due to easier visa access, being particularly popular. While Thailand tops, Vietnam showed the fastest rise in rankings. Other notable destinations include Sri Lanka and Malaysia. There’s a trend towards higher spending on premium accommodations. Domestically, Goa, Jaipur, and Udaipur are favored holiday spots.

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India's exports to US decline by 14% in Aug sequentially

Economic Times

Economic Times · 6m ago

India's exports to US decline by 14% in Aug sequentially

In August, India's exports to the U.S. fell by 14% month-on-month, totaling USD 6.86 billion, due to the Trump administration's implementation of 50% tariffs on Indian goods. Despite this decline, the U.S. remained India's top export destination for both August and the current fiscal year, with a yearly increase of 7.15% in exports. The U.S., UAE, Netherlands, China, and the UK were the top destinations for Indian exports.

India-Pak cricket fever spawns a travel bug few can afford

Livemint

Livemint · 1y ago

India-Pak cricket fever spawns a travel bug few can afford

Indian sports travel companies are capitalising on the growing interest of wealthy individuals in attending international cricket matches and other sporting events. Fanatic Sports and DreamSetGo are two Mumbai-based companies offering packages for events such as the India-Pakistan cricket match in New York City, the Roland-Garros tennis tournament, and the Paris Olympics. The packages include perks like accommodation in luxury hotels, meet-and-greets with sports stars, and meals at top restaurants. While sports tourism is still relatively new in India, there is increasing demand for such experiences among high-net-worth individuals and corporate travellers.

Visa processing startup Atlys raises $36 Mn in Series C funding

Entrackr

Entrackr · 5d ago

Visa processing startup Atlys raises $36 Mn in Series C funding

Visa processing startup Atlys raises $36 Mn in Series C funding Founded in 2021 by Mohak Nahta, visa processing startup Atlys allows travellers to discover, apply for and manage visas digitally across more than 120 destinations. Atlys has raised $36 million in a Series C funding round led by Susquehanna Asia Venture Capital. Existing investors Elevation Capital, Long Journey Ventures, and Peak XV Partners also participated in the round. Travel platform MakeMyTrip joined the company as a new investor. The company will use the fresh capital to expand into new international markets and advance its AI roadmap. Atlys plans to deploy AI across the visa process including document verification, eligibility checks and traveller support. Since the previous funding round, the startup has processed close to 450,000 visas and expanded its presence across several global markets such as the UAE, the US, the UK and Australia. These international markets now contribute nearly half of the company’s overall business. According to the company, it currently operates at an annual visa run rate of more than 700,000 applications. The firm has recorded 11X growth since its Series B round in 2024. The latest round follows Atlys’ $20 million Series B funding in September 2024 which was co-led by Peak XV Partners and Elevation Capital with participation from DST Global Partners and Headline. Earlier, the startup secured $12 million in a Series A round in September 2023 after it raised $4.25 million in seed funding in October 2021. In February 2025, Atlys also acquired the UK unit of visa services firm Artionis in an all cash deal to expand its presence in Europe and strengthen its visa processing infrastructure. With this expansion and new funding, the company aims to build a global digital visa platform for international travellers.

Wise to launch travel card in India, open waitlist for customers

Economic Times

Economic Times · 5m ago

Wise to launch travel card in India, open waitlist for customers

Wise is set to launch a travel card in India, targeting the country’s expanding international travel market. The card will enable digital onboarding and allow users to transact in over 40 currencies, including those of popular Indian travel destinations like the UAE, Thailand, and the US. It offers the mid-market exchange rate with minimal fees, aligning with a broader UK-India economic collaboration to support British firms in India's growing fintech sector.

Personal care brand Mamaearth gets set for renewed overseas push

Economic Times

Economic Times · 2y ago

IPO-bound company Honasa Consumer Ltd is planning to expand its flagship brand Mamaearth into international markets. The company has assigned priority geographies such as Bangladesh, Malaysia, Vietnam, and Thailand for deeper expansion. Mamaearth is already present in markets like UAE, Singapore, Nepal, Malaysia, Maldives, and Mauritius. Honasa Consumer is seeking pre-IPO funding of $120-150 million. The company aims to opportunistically expand in markets like UAE, Nepal, and Bangladesh. The company operates through distributors and channel partners and identifies priority markets based on demand projections.

MakeMyTrip partners with Minor Hotels to expand access to premium and luxury international stays for Indians

IndianStartupNews

IndianStartupNews · 1m ago

MakeMyTrip partners with Minor Hotels to expand access to premium and luxury international stays for Indians

MakeMyTrip has partnered with Minor Hotels to enhance access to premium and luxury international stays for Indian travelers. This collaboration gives MakeMyTrip users access to over 560 properties from Minor Hotels' global portfolio, including various premium hotel brands. The partnership aims to broaden international hotel inventory for Indian travelers and meet their evolving preferences. Currently, 60 Minor Hotels properties are available on the platform, with plans to expand listings further.

Indian business leaders court Swedish industry for investment in India - BusinessToday

Business Today

Business Today · 9m ago

Indian business leaders court Swedish industry for investment in India - BusinessToday

Top Indian business leaders encouraged Swedish companies to invest in India, emphasizing its significant growth potential and positioning as a prime global investment destination. At a Stockholm summit, they promoted India for long-term returns and strategic partnerships, highlighting it as the leading investment target for Swedish companies, as indicated by Business Sweden data. This initiative underscores India’s appeal for international business amid challenges faced by Europe and the UK.

Hospitality, travel services providers see strong demand in run-up to long Diwali weekend

Economic Times

Economic Times · 5m ago

Hospitality, travel services providers see strong demand in run-up to long Diwali weekend

Hospitality and travel services are experiencing high demand as people plan for the long Diwali weekend. Bookings for hotels, buses, and flights are strong, indicating a shift towards more leisure and immersive travel experiences. Tier II and III cities are witnessing increased travel activities as people return home for Diwali, while destinations like Goa, Jaipur, and Udaipur remain popular. International short-haul trips to places like the UAE, Singapore, and Thailand are also in demand.

IndiGo launches daily direct flights between Hyderabad-Bangkok

Livemint

Livemint · 2y ago

IndiGo launches daily direct flights between Hyderabad-Bangkok

IndiGo has launched daily direct flights between Hyderabad and Bangkok, making it the first Indian carrier to offer this route. The new service will enhance connectivity between the two cities, boosting economic ties between India and Thailand. IndiGo now operates 37 weekly flights between India and Bangkok, solidifying its presence in the Southeast Asia region. Vinay Malhotra, Head of Global Sales at IndiGo, highlighted their commitment to affordable, on-time, and hassle-free travel experiences. Bangkok is a popular tourist destination known for its cultural heritage, cuisine, and attractions such as palaces and markets.

International startups flock to UAE as pro-business reforms drive 284% surge in entrepreneurs

Startup News FYI

Startup News FYI · 2y ago

International startups flock to UAE as pro-business reforms drive 284% surge in entrepreneurs

International startups are increasingly attracted to establishing their global hubs in the UAE, as the number of applications from startups based outside the MENA region has grown by an impressive 284% over the past two and a half years. The UAE's initiatives to attract innovative business leaders have been successful, according to a report by Flat6Labs. The report also highlights an increase in applications from UAE-based startups and a surge in applications from female-founded companies, which grew by 244%. The UAE's vibrant VC and investor community, favorable legislation, and talented workforce make it an ideal destination for startups.

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