Ibibo to raise $250 million from Naspers 
Online travel company Ibibo Group today announced to raise $250 million from existing investor Naspers, a multinational internet and media group. “Our objective is to solve problems for the transportation and accommodation providers and to connect them to the travellers", said Ashish Kashyap, Founder and CEO of Ibibo Group. Founded in 2007, Ibibio provides travel-related services.