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Times/BCCL Takes Stake in Travel Portal TravelChaCha

By Rafat Ali - Fri 13 Jun 2008 07:12 AM PST

BCCL, the parent company of Times of India, has taken an undisclosed stake in Culture Holiday, the parent company of online travel portal TravelChaCha.com, adding to more crush in the now-crowded online ravel sector in the country. Terms were not disclosed. More details here.

Posted in: Companies, Times Group (BCCL), E-commerce, Travel, Venture Capital



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6 Responses:
  • From Sonia Malhotra Fri 13 Jun 2008 09:31 AM

    Times is a co. which understands the new technologies.  They are all over the media and also a pioneer in Online Business.  Taking stake in cos. like Travelchacha is a good move.  Best of luck to them

    Sonia Malhotra
    Internetpreneur
    http://www.GhumiChale.com
    India’s First Hotels Comparison Engine

  • From Michal Fri 13 Jun 2008 09:54 PM

    The Times of India has taken the new initiative by acquiring the stake in tour and travel companies of India. Its stake in Travelchacha.com will boost the online travel portal where Indian tourist destinations have to become the must see place among the world itineraries.

  • From Amarnath Yatra Fri 13 Jun 2008 10:00 PM

    Times group has started investing in new technologies.  They are all over the media and also a pioneer in Online Business.  Buyuing stake in Companies like http://www.travelchacha.com is a nice move.  Best of luck to Bccl

    http://www.travelchacha.com/india-travel/book-my-trip.html

  • From kamal thakur Sun 15 Jun 2008 03:13 PM

    undisclosed stake for undisclosed sum...!!!
    ..... good these guys didn plan to start with smthn at there own like the BIG brother is doing… without any idea where BIGies are heading..

    good move BCCL… (thats a result of your experience with online segment)..

  • From Thomas George Wed 25 Jun 2008 12:17 PM

    Times of India becoming a Cricket-Sports Portal?

    I was visiting Times of India site recently and have found news only about Cricket and Sports. No news about any other important Indian stories like the Nuclear Deal, the Delhi Politics, no Mumbais news, no social or inflation, food crisis etc.

    What is happening TOI?

    thank you
    Thomas

  • From Madhu Wed 09 Jul 2008 04:10 AM

    @Sonia Malhotra
    Why doesnt your site provide basic info like About us & Contact us. I think your site needs to develop lot more. If Updateed then do keep us informed.

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