Traveltech startups taking to acquisitions to drive growth

Traveltech startups like Oyo, ixigo, EaseMyTrip are driving growth through a surge in acquisitions, targeting market expansion, customer reach and enhanced capabilities, given the post-pandemic travel boom.Recent notable deals include Oyo’s acquisition of G6 Hospitality, the parent of Motel 6 and Studio 6, to boost its international footprint. Similarly, MakeMyTrip acquired Happay, ixigo took over Zoop India, and Yatra snapped up Globe India.