ixigo

ixigo
Online Travel, Hotel Booking
Industry Travel, Internet, Metasearch
Founded Gurgaon, India (3 June 2006)
Headquarters Gurgaon, India
Key people
 Aloke Bajpai, CEO/Co-Founder
Rajnish Kumar, CTO/Co-Founder
Website www.ixigo.com

ixigo (pronounced "ik-si-go") is a travel and hotel booking e-commerce website founded in the year 2007. Headquartered in Gurugram, the company has a user base of over 100 million travellers[1]. It aggregates and compares real-time travel information, prices & availability for flights, trains, buses, hotel availability. Recently, ixigo expanded in India with the inauguration of a new product development center in Bengaluru[2].

History & Investors

ixigo (Le Travenues Technology Pvt. Ltd.) was started by Aloke Bajpai and Rajnish Kumar. The duo started the company in June 2007 with the launch of the flights product. BAF Spectrum (Singapore) participated in the seed round in 2008 [3].

In August 2011, ixigo received $18.5 M investment from SAIF Partners and MakeMyTrip in a landmark deal for online travel in India. In June 2015, smartphone maker Micromax Informatics[4] invested an undisclosed amount in ixigo. In March 2017, ixigo closed a funding of $15 million in Series B round by Venture Capital firm Sequoia Capital India and Fosun RZ Capital[5]

Products and Services

In 2007, the company launched its flights product in a bid to provide best deals and make flying accessible for all. In 2008, apps for hotels and buses were launched followed by the launch of the ixigo trains app.

References

  1. ↑ "We have more than 15 million monthly active users: Head- Brand Marketing, ixigo". Indian Advertising Media & Marketing News – exchange4media. Retrieved 2018-07-03.
  2. ↑ "Ixigo opens product development centre". @businessline. Retrieved 2018-07-03.
  3. ↑ "ixigo investors". www.crunchbase.com. Retrieved 2018-07-03.
  4. ↑ "Micromax invests in mobile travel search engine ixigo". @businessline. Retrieved 2018-07-03.
  5. ↑ "ixigo investors". www.crunchbase.com. Retrieved 2018-07-03.


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