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

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 

Share:
  • Print
  • del.icio.us
  • Facebook
  • email
  • HackerNews

This entry was posted on Thursday, December 20th, 2007 at 1:13 am and is filed under Acquisition, Internet. You can follow any comments to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Comments are closed.