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    GOIBIBO

    Valentine’s Day offers on this credit card: Check offers on Amazon, Myntra, Flipkart, Goibibo, Zomato, PVR Inox to earn rewards
    Boycott MakeMyTrip and Goibibo trending on Twitter. The reason was a PIL

    Trending boycott against MakeMyTrip and Goibibo due to data privacy concerns trended on Twitter. However, a Public Interest Litigation filed in Delhi High Court has been dismissed.

    MakeMyTrip, Goibibo, OYO fined Rs 392 crore by CCI for unfair business practices

    The allegations are that MMT-Go "imposed a price parity in their agreements with hotel partners." Under these deals, hotels are not allowed to "sell their rooms on any other platform or on its own online portal at a price below the price at which it is being offered on the two entities' platforms."

    Goibibo sees a 65% jump in transacting users since Jan 2022, calls itself India's second largest OTA brand

    Goibibo said it has also been seeing an uptick in users who opt for segment-specific features including its price lock feature for flights and the 'goConfirmed ticket' feature for the trains segment, besides price offerings such as 'Daily Steal Deals.' Vipul Prakash, chief operating officer at Goibibo said the brand's strong push on innovations will continue as it attempts to further consolidate its position as India’s second largest OTA brand.

    TripMoney acquires majority stake in BookMyForex

    “With this investment, BookMyForex’s suite of services, including currency exchange that offers real-time exchange rate, multi-currency prepaid forex cards, cross border remittances as well as other ancillary products, will be rolled out soon for the benefit of MakeMyTrip and Goibibo customers,” said a statement.

    TripMoney, MakeMyTrip’s fintech arm, buys majority stake in foreign exchange services provider, BookMyForex

    The company said private equity firm Faering Capital as well as founders and promoters - Nitin Motwani and Sudarshan Motwani will continue to stay invested in BookMyForex.

    The Economic Times
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