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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 â€“ Yatra, MakeMytrip and GoIbibo will be on path to be listed entities on Nasdaq.

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MakeMyTrip-Ibibo deal signals maturing of Indian online space