MakeMyTrip scouting for more acquisitions after Ibibo
Friday, April 14, 2017, 9:29 AM
MakeMyTrip will look to acquire technology-oriented hotel solution providers, reduce discounts and offers and focus on sustainable long-term growth. The Nasdaq-listed company acquired rival online travel agent Goibibo in October. Deep Kalra, CEO of MakeMyTrip said the 90-day integration with Goibibo, which started in January, is close to completion. MakeMyTrip has put a leadership team in place to look into various verticals.