From MakeMyTrip to Cleartrip, e-travel firms to top $10 bn in bookings

Top online travel agencies (OTAs), including MakeMyTrip, Yatra, and Cleartrip, are set to cross the $10-billion (more than Rs 720 billion at current exchange rate) mark in bookings in 2018-19 financial year (FY19). 

Every player in the segment is growing at a minimum 20 per cent and some are claiming a three-digit growth.

In the first half of FY19, segment players such as Paytm, EaseMyTrip, and Ixigo are estimated to have clocked travel bookings of about $5 billion (Rs 360 billion) as demand for flights, hotels and packages remain strong. The second half of the year is a stronger travel season owing