venture Matrix Partners puts more money on travel Investment firm Matrix Partners India has invested an undisclosed amount of funding in B2B (business-to-business) travel management startup Itilite, valuing the startup at $75 million. By Deepti Chaudhary
enterprise Ebix further consolidates Indian travel biz Nasdaq listed Ebix Inc., is set to acquire Via.com, an omni-channel online travel and assisted e-commerce exchange. It is one of the largest M&A deals in the online travel agency (OTA) space this year. By Deepti Chaudhary
enterprise Big festive sale: Amazon India readies for battle The season’s sale starting Thursday comes just months after the pre-GST surprise sale in June. Smart players may actually end up burning less cash than last year. By Deepti Chaudhary