Oct 19, 2016 10:18 AM IST

MakeMyTrip-Ibibo deal signals maturing of Indian online space

While the biggest deal in India‘s online travel aggregation space signals a maturity in the sector, providing an exit path to investors, it would also lessen cash burn. With this deal, all three large brands in OTA space – Yatra, MakeMytrip and GoIbibo will be on path to be listed entities on Nasdaq.