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SOTC Travel Limited, formerly SOTC Travel Private Ltd as well as Kuoni Travel (India) Pvt. Ltd., is a step-down subsidiary of Fairfax Financial Holdings Group; held through two companies, its Indian listed subsidiary, Thomas Cook (India) Limited (TCIL) and TCIL's subsidiary Travel Corporation (India) Ltd. Established in 1949, it is a travel and tourism company active across travel segments ...
In July 2019, Ebix, a US-based company, planned to acquire Yatra.com [10] but the acquisition was cancelled in June 2020. [ 11 ] In June 2020, Yatra.com announced an underwritten public offering at $11.5 mn [ 12 ] and laid off about 400 employees around the same time.
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MakeMyTrip Limited is an Indian online travel company, headquartered in Gurgaon. [2] Founded in 2000, the company provides online travel services including airline tickets, domestic and international holiday packages, hotel reservations, rail and bus tickets. [3]
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Tourism in India is 4.6% of the country's gross domestic product (GDP). Unlike other sectors, tourism is not a priority sector for the Government of India.The World Travel and Tourism Council calculated that tourism generated ₹ 13.2 lakh crore (US$150 billion) or 5.8% of India's GDP and supported 32.1 million jobs in 2021.