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In September 2019, Ctrip/Trip.com Group, the largest online travel agency in China and one of the largest travel service providers in the world, [5] completed a share exchange with Naspers and became the single largest shareholder of MakeMyTrip. [6] [7] In 2016, MakeMyTrip acquired the Ibibo group, which owned sites such as Goibibo and Redbus ...
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
The group owns the B2C online travel aggregator Goibibo, and online bus ticketing platform RedBus.in. On 31 January 2017, MakeMyTrip (MMT) acquired the ibibo Group by purchasing 100% equity interest in the ibibo Group from MIH Internet, an indirect subsidiary of Naspers , pursuant to a Transaction Agreement dated 18 October 2016.
In 1998, ICICI Bank introduced internet banking to its customers. [20] India's online banking system includes the National Electronic Funds Transfer (NEFT) and Real-time Gross Settlement (RTGS), which are overseen by the Reserve Bank of India (RBI) and the Immediate Payment Service (IMPS), which is run by the National Payments Corporation of ...
Seeing the fragmentation that existed in the Indian travel and hospitality sector, the founders decided to enter the online travel space. [ 3 ] Cleartrip also operates Cleartrip for Business , [ 4 ] an online corporate travel management tool; Agent Box, [ 5 ] a travel tool for travel agents; and Cleartrip Mobile, [ 6 ] a travel booking app for ...
Eko India Financial Services, the business correspondent of State Bank of India (SBI) and ICICI Bank, provides bank accounts, deposit, withdrawal and remittance services, micro-insurance, and micro-finance facilities to its customers (nearly 80% of whom are migrants or the unbanked section of the population) through mobile banking. [15]
3i Infotech Ltd (established as ICICI Infotech Ltd) is a global information technology company headquartered in Navi Mumbai, India.Founded in 1993, it provides a comprehensive range of IT services, including digital transformation, cloud services, cybersecurity, and application development, across various industries such as BFSI (Banking, Financial Services, and Insurance), healthcare ...
ICICI Lombard General Insurance is the largest private-sector general insurance company in India. [5] In a 2016 fiscal, ICICI Bank sold a 9.0% stake in ICICI General to its joint venture partner, Fairfax Financial Holdings, at a company valuation of ₹ 172.25 billion (equivalent to ₹ 250 billion or US$2.9 billion in 2023). [6]