Friday, February 03, 2006

Action in Indian online Travel space

After SoftBank’s funding of $ 10 million in makemytrip in may '05, past 2-3 weeks has seen a spate of investments into various travel start-ups.

Related Links

Online Travel Company MakeMyTrip.com Gets $10 Million Funding
Kleiner Perkins Debuts In India With $2.7-3 Million Investment In Cleartrip.com
Kleiner Perkins Makes First Investment In India; Invests $2.7-3 Million In Cleartrip.com
WestBridge Capital Invests In Travelguru
Travel sites make hot investment option
E-Travel Company Yatra Online Gets Funding From Reliance Capital, Norwest Venture Partners And TV 18
Yatra Online Gets $5 Million; Indian Travel Mart To Attract VC Attention



Once all these and maybe few more online travel portals start their operations in India, will they be able to grow the online travel space and more importantly create differentiators for themselves to survive? Any wagers?

Update : March 10, 2006

Sahara has also anounced their intentions to launch a travel portal. Read this story on economictimes.com

11 comments:

Anurag said...

Hi Anurag. Nice informative blog. Yes, this online travel space is REALLY hotting up!

I work with Air Deccan.

Cya.

Anonymous said...

Like you said it will be very interesting to watch this space. I feel the market will grow but there will also be a shake out.

yasmeen said...

I am waiting for the big boys like expedia to come in also.

Sanjay said...

I feel that the market will grow and it can take 4-5 players easily.. Offline travel businesses will suffer

Anurag Gupta said...

Hi Anurag

What do you handle in Air Deccan ? Will like to have more of your inputs on online travel business

Radha said...

Hi Anurag,
what do you think regarding a Travel portal where user can see all the air travel options..
Everyone seems to be trying to become an online travel agent, but no one tries to give that info to the user and make money by the referral money from suppliers..

Anurag Gupta said...

Hi Radha

Very good observation. Rediff has already launched their fare search

In times to come I am sure we will see more such models that focus on advertising / referral opportunities in addition to transactional opportunities.

Anonymous said...

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Anonymous said...

Thank you for nice links. And what do you have about India vacation?

Adam said...

I appreciate the labor you have put in developing this blog. Nice and informative.

nichy said...

Hi,

The information in this blog seems to be quite interesting in Indian online Travel space.

Online booking facility is also provided in our MakeMyTrip UAE to the customers who are all interested to make their trip more memorable.