Surat Wealth Management：India's online payment company Paytm wants $ 80 million to acquire Indian B2B travel website via.com

An India, an online payment company, which Alibaba's participation in, is betting on tourism hotel business. It plans to acquire an Indian B2B travel website for $ 80 millionSurat Wealth Management. It is expected that its tourism business will generate a turnover of $ 2 billion by March.

[Indian Tourism News] (This article is translated from THE) India's online payment company has recently bet on tourism and hotel business, and enters the acquisition stage of Bangalol OTA.Essence

In May of this year, he received $ 1.4 billion in financingIndore Stock. According to 4 insiders, it has entered a preliminary stage of negotiations and has not yet signed a letter of intent for investment. It is expected that the acquisition price is as high as 80 million US dollars.

In January of this year, the total commodity transaction (GMV) of Ctrip's tourism business reached 500 million US dollars, and 2 million air tickets were sold in the month.The Indian e -commerce giant Alibaba Group and Ctrip Tourism Investor Saifu Fund predict that by March, the total amount of commodity transactions in Ctrip's tourism business will reach $ 2 billion.

The founder of the company did not respond to an email that asked its acquisition of the details of the VIA plan, and the questionnaire of the contact email sent to the VIA website did not receive a reply.

Founded in 2007, the company was formerly +. It has raised about 15 million US dollars from venture capital companies and Sequoia Capital, and has 100,000 active tourist distribution partners in 2,600 cities and towns.

The company has achieved rapid growth in the past year and hopes to accelerate its expansion in different fields.The company is also negotiating on the acquisition of the group purchase platform.In July of this year, the Economic Times reported that Mall has been stripped from the parent company this year and is now named E-Mall. The company has begun to negotiate the acquisition of the online mall.

If the two parties reach an agreement, Mall may spend 200 million US dollars to acquire a small number of equity, which will make it a major challenger of Amazon's online commodity retail business.Market smartphone and fashion industry.

According to industry reports, India's online tourism industry is undergoing integration, and strategies and financial investors want to split a share of it. The value of the industry is estimated to be 9 billion US dollars.Last month, the Economic Times reported that the South African Internet and media giants are considering withdrawing from the five -year investment in a B2B tourist portal.