The Indian online industry has also buckled up to cater to this new segment. Travel sites have started focusing on localised experiences than vanilla sightseeing. Startups are walking an extra mile to bring fresh and innovative ideas to engage users.
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The online travel agent, Yatra.com has forgot to renew the domain registration!
Private equity firms Crescent Point and Victoria Capital have joined existing investors Tiger Global, the Singapore headquartered travel search engine Wego said.
Intel Capital has announced its investment in three Asian e-commerce companies including India's HealthKart and Snapdeal.
Cleartrip has introduced an easier alternative to this by letting users reschedule or change flights online.
In 2010, HolidayIQ had merged with Wego, a travel meta-search startup based in Singapore. The combined entity had raised series B funding from Tiger Global, the New York based growth capital fund.
New Delhi based travel package site, TravelMasti has been acquired by Via.
The company which earlier raised funding from BCCL in 2007 is present (offline) in Dehradun, Rajkot, Jamnagar,Surat cities through its Travelmasti Lounge Network.