Fixel, one of the first institutional investors in MakeMyTrip, promptly introduced his friend Kalra to Naspers’ chief executive Bob van Dijk. That introduction would eventually lead to the buyout of Naspers-owned Ibibo by MakeMyTrip this week although initial discussions collapsed. (Indeed, one MakeMyTrip executive was arrested). Soon after they started fighting the case, Kalra and Kashyap met socially, at the farm house of a common friend. ALSO READ | Along with Ibibo, MakeMyTrip also gets absurd private market valuationALSO READ | Naspers without Tencent stake worth less than what it owns

Source: Mint October 19, 2016 22:56 UTC