TravelGuru acquires Desiya for Rs 100 crore ($25 million)

December 20, 2007 · Posted in India portals, M & A 

The first major act of consolidation in the online travel portal industry in India. TravelGuru ($42 million revenue this fiscal) has acquired B2B hotel portal Desiya for $25 million (Rs 100 crores).

TravelGuru has raised $25 million in funding over two rounds.

via ET 


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