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MakeMyTrip Acquires Ibibo; Merged Entity Will Be Valued at $1.8 Billion!

India’s largest online travel company, MakeMyTrip, has announced the acquisition of Ibibo, a rival online travel company, for $720 million in stocks. This makes the valuation of the merged company at $1.8 billion, the largest in its industry. This will also bring all the subsidiary companies like GoIbibo, redBus, Rightstay and Ryde under MakeMyTrip. It […] The post MakeMyTrip Acquires Ibibo; Merged Entity Will Be Valued at $1.
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