India: MakeMyTrip to widen lead over rivals with Ibibo deal

India: MakeMyTrip to widen lead over rivals with Ibibo deal

Photo: Livemint

Bengaluru/New Delhi: Online travel firm MakeMyTrip Ltd’s acquisition of Ibibo Group’s India business is likely to help the combined entity widen its lead over rivals Yatra and Cleartrip in the hotels, tours and packages segment, which is touted to be the next growth driver for travel companies, industry experts say.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter