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Description
Ibibo Group is an online Indian travel organisation founded in January 2007 by Ashish Kashyap. The company is a subsidiary of MakeMyTrip (MMT) Limited, which owns a 100% stake in Ibibo Group.
Group owns the B2C online travel aggregator Goibibo, and online bus ticketing platform RedBus.in.
On 31 January 2017, MakeMyTrip (MMT) made a strategic combination with the ibibo Group by way of an acquisition of 100% equity interest in the ibibo Group from MIH Internet, an indirect subsidiary of Naspers, pursuant to a Transaction Agreement dated 18 October 2016.
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