SCPE buys stake in India travel business from Naspers
Standard Chartered Private Equity (SCPE) has invested an undisclosed amount in Indian online travel company Travel Boutique Online (TBO) to acquire a stake held by South African internet conglomerate Naspers.
TBO operates on a business-to-business model, offering transportation, hotel rooms and travel insurance to travel agents. Its online platform is used by travel agents in 78 countries and provides access...
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