Despegar
Acquisition in 2024
Despegar is an online travel agency that specializes in the Portuguese and Spanish-speaking markets, providing services for both leisure and corporate travelers. Founded in 1999 and headquartered in Miami, Florida, the company enables users to research travel options, check flight availability, and make reservations for flights, hotels, and car rentals through its platform. Despegar also offers various travel-related services, including vacation packages and access to airlines and accommodation options. The company operates in several countries, including Argentina, Brazil, Chile, Colombia, Mexico, Uruguay, Venezuela, Spain, and the United States, aiming to facilitate unique travel experiences for its customers.
MakeMyTrip.com
Post in 2017
MakeMyTrip (India) Private Limited is an online travel company that offers comprehensive booking solutions for both personal and corporate travel needs. Founded in 2000 and headquartered in Gurugram, India, the company provides a wide range of travel services, including domestic and international air tickets, hotel reservations, holiday packages, and transportation options such as bus and rail tickets, car rentals, and taxi services. MakeMyTrip primarily generates revenue from its hotels and packages segment, which encompasses internet-based platforms and call centers. The company operates multiple offices across India and has a presence in international markets, including the United States and Australia. Additionally, it offers B2B and affiliate services, along with franchising opportunities, further expanding its reach in the travel industry.
ibibo Group
Venture Round in 2016
ibibo Group is an Indian online travel group that operates platforms like Goibibo.com, a B2C online travel aggregator, redBus.in, an online bus ticketing platform, and travelboutique, a B2B online travel platform. Founded in 2006, ibibo Group has become a significant player in the Indian travel industry by offering services for air tickets, hotels, and bus tickets through mobile and desktop platforms. With a focus on bookings, after-sales service, payments, and refunds, ibibo Group has established itself as a prominent mobile and online travel platform in India. The company also holds a minority stake in PayU Global, a global payments business owned by Naspers. Headquartered in Gurgaon, India, ibibo Group continues to expand its presence in the online travel sector through innovative services and strategic partnerships.