Ashish Kashyap – founder of online travel firm Ibibo shares his journey as an entrepreneur and also gives insights to the future of Indian online travel market.
Sharing the contours of this mega deal Deep Kalra of MakeMyTrip and Ashish Kashyap of ibibo group told CNBC-TV18, more than competitive pressures, the objective of the merger is to bring the offline segments of the travel market online.
The platform is available in 72 cities and covers 862 properties translating to 10,000 rooms a day, Goibibo said in a statement.
The group, which owns portals like Goibibo.Com and redBus.In among others, currently clocks transactions worth over Rs 1,000 crore per month.