Introduction
A recent ruling from a District Consumer Disputes Redressal Commission in Chandigarh has hit MakeMyTrip and Go First with a fine of Rs 19,000. The decision comes after a family’s much-anticipated trip to Thailand was thrown into chaos by repeated flight cancellations in April 2023.
Trip Disruptions: What Happened?
Chandigarh resident Amit Kohar and his family were excited for their…
Digital insurance supplier Acko has raised $255 million in a new round led by General Atlantic and Multiples Private Equity. The round also saw participation from CPPIB, Lightspeed Growth and existing investors Intact Ventures and Munich Re Ventures.
According to Acko, the new assets have been raised at a valuation of $1.1 billion, making it the 34th unicorn this year to pave its way into the…
Online travel service and lodging booking stage MakeMyTrip is hoping to bring $200 million up paying off debtors through convertible senior notes with a zero-coupon rate. The obligation would be convertible and the deal to beginning buyers is required to choose February 9, an organization proclamation said.
The notes offering was upsized by $25 million from the recently reported contribution of…
IIT Bombay graduates Kiran Patil and Pritesh Mittal established Nearfox, a disclosure stage that assists residents with making revelations across classifications like food, shopping, excellence, style, wellness, amusement, and nearby travel, in 2015. Be that as it may, the startup shut shop in 2016.
Pritesh says, while the startup was closure in a year, they understood the direction and…
