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			{{Short description\|Indian online travel company}}
⚫	{{Infobox ~~company~~
		⚫	{{Use Indian English\|date=January 2018}}
		⚫	{{Use dmy dates\|date=December 2017}}
		⚫	{{lowercase title}}
		⚫	{{Infobox website
	\| name = ixigo		\| name = ixigo
	\| logo = Ixigo logo.~~png~~		\| logo = Ixigo logo.svg
	\| logo_size = ~~151px~~		\| logo_size = 150px
	\| logo_alt = ixigo logo		\| logo_alt = New ixigo.com logo
	\| ~~type~~ = Online ~~Travel,~~ ~~Ticket Booking~~		\| industry = ]
			\| foundation = {{date and age\|2007\|06\|df=yes}}
	\| industry = ], ], ]
			\| founder = Aloke Bajpai <br /> Rajnish Kumar
	\| foundation = ], ] (3 June 2006)
	\| location_city = ]		\| location_city = ], ]
		⚫	\| location_country = India
	\| key_people = , CEO/Co-Founder <br />, CTO/Co-Founder
			\| owner = Le Travenues Technology Ltd
⚫	\| homepage =
			\| key_people = Aloke Bajpai {{small\|(Chairman, MD & Group CEO)}} <br />Rajnish Kumar {{small\|(Director & Group Co-CEO)}}
⚫	\| location_country = ]\|
			\| revenue = {{up}} {{INRconvert\|655\|c\|lk=on}} (FY24)<ref name="fy24"/>
			\| net_income = {{up}} {{INRconvert\|73\|c}} (FY24)<ref name="fy24">{{cite news \|title=Ixigo profit more than doubled in FY24 at Rs 73 crore, income up 28% \|url=https://www.moneycontrol.com/news/business/earnings/ixigo-profit-more-than-doubled-in-fy24-at-rs-73-crore-income-up-28-12762396.html \|access-date=5 July 2024 \|work=Moneycontrol \|date=4 July 2024}}</ref>
			\| subsid = {{ubl\|AbhiBus\|Confirmtkt}}
			\| type = ]
			\| traded_as = {{ubl\|{{NSE\|IXIGO}}\|{{BSE\|544192}}}}
		⚫	\| homepage = {{URL\|https://www.ixigo.com/\|ixigo.com}}
	}}		}}

			'''ixigo''' (pronounced ''"ik-si-go"'') is an Indian online ] headquartered in ]. Launched in 2007, ixigo aggregates real-time travel information, prices and availability for flights, trains, buses, and hotels, and allows ticket booking through its associate websites and apps.<ref>{{cite web \| last=Kumar \| first=Saurabh \| title=Building a meta-search engine for travel needs \| website=Livemint \| date=2015-10-27 \| url=https://www.livemint.com/Companies/TmpdtoxiUtrlxBbizRBPRO/Building-a-metasearch-engine-for-travel-needs.html \| access-date=2020-07-10}}</ref>
	== Introduction ==
	ixigo (pronounced ''"ik-si-go"'') is a ] founded in the year 2007. Headquartered in ] the company has a user base of over 100 million travellers<ref>{{Cite news\|url=https://www.exchange4media.com/media-radio/marketing/we-have-more-than-15-million-monthly-active-users-marketing-head-ixigo_90341.html\|title=We have more than 15 million monthly active users: Head- Brand Marketing, ixigo\|work=Indian Advertising Media & Marketing News – exchange4media\|access-date=2018-07-03\|language=en-US}}</ref>. It aggregates and compares real-time travel information, prices & availability for flights, trains, buses, cabs and hotels. Company’s vision is to empower every traveller with trustworthy & personalised travel recommendations. Recently, ixigo expanded its footprint in India with the inauguration of a new product development center in Bengaluru.

		⚫	== History ==
⚫	{{Use Indian English\|date=January 2018}}
			ixigo (Le Travenues Technology, Pvt. Ltd.) was started by ] alumni Rajnish Kumar and Aloke Bajpai in June 2007, with the launch of their flights metasearch website.<ref>{{cite news \|title=Ixigo takes aim at MakeMyTrip with ₹1,600-crore IPO \|url=https://www.livemint.com/market/stock-market-news/ixigos-ipo-will-turn-makemytrip-into-a-key-rival-11629781236083.html \|access-date=25 August 2021 \|work=Mint \|date=24 August 2021 \|language=en}}</ref><ref>{{cite news \|title=Meet ixigo's Aloke Bajpai And Rajnish Kumar: IIT Batchmates Flying Rs 500 Cr Travel Tech Biz \|url=https://www.news18.com/business/ixigo-aloke-bajpai-rajnish-kumar-iit-kanpur-8003467.html \|access-date=14 September 2023 \|work=News18 \|date=5 June 2023 \|language=en}}</ref> In 2008, it introduced a hotel search engine on its website.<ref>{{cite news \|title=iXiGO launches hotel search engine \|url=https://www.exchange4media.com/digital-news/ixigo-launches-hotel-search-engine-30536.html \|access-date=25 August 2021 \|work=exchange4media \|language=en}}</ref>
⚫	{{Use dmy dates\|date=December 2017}}
⚫	{{lowercase title}}
⚫	=== History ~~& Investors =~~==
	(Le Travenues Technology Pvt. Ltd.) was started Mr. Aloke Bajpai and Mr. Rajnish Kumar. The duo started the company in June 2007 with the launch of the . BAF Spectrum (Singapore) participated in the seed round in 2008 <ref>{{Cite web\|url=https://www.crunchbase.com/funding_round/ixigo-com-2-seed--b16109ae#section-locked-marketplace\|title=ixigo investors\|last=\|first=\|date=\|website=www.crunchbase.com\|archive-url=\|archive-date=\|dead-url=\|access-date=2018-07-03}}</ref>.

			In early 2014 ixigo launched its train ticket booking app.<ref>{{cite news \|last1=Gooptu \|first1=Biswarup \|title=Travel meta-search company Ixigo's next bet is on rail ticket sales \|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/travel-meta-search-company-ixigos-next-bet-is-on-rail-ticket-sales/articleshow/65749692.cms \|access-date=5 May 2020 \|work=The Economic Times \|date=10 September 2018}}</ref>
	In August 2011, ixigo received $18.5 M investment from and ] in a landmark deal for online travel in India. In June 2015, smartphone maker ] Informatics invested an undisclosed amount in ixigo. In March 2017, ixigo closed a funding of $15 million in Series B round by Venture Capital firm ] India and <ref>{{Cite web\|url=https://www.crunchbase.com/organization/ixigo-com-2\|title=ixigo investors\|last=\|first=\|date=\|website=www.crunchbase.com\|archive-url=\|archive-date=\|dead-url=\|access-date=2018-07-03}}</ref><ref>{{Cite web\|url=https://www.ixigo.com/about/more-info/our-investors/\|title=Our Investors – About ixigo\|website=www.ixigo.com\|language=en-US\|access-date=2018-07-03}}</ref>.

			In February 2021, ixigo acquired the train discovery and ticketing platform Confirmtkt in a cash and stock deal.<ref>{{cite news \|title=Ixigo buys train booking firm Confirmtkt to boost presence in small towns \|url=https://economictimes.indiatimes.com/tech/startups/ixigo-buys-train-booking-firm-comfirmtkt-to-boost-presence-in-small-towns/articleshow/80686203.cms \|access-date=25 August 2021 \|work=The Economic Times}}</ref> In August 2021, ixigo acquired the bus ticket booking and fleet management portal ] in a cash and stock deal.<ref>{{cite web \|title=Ixigo acquires AbhiBus as pandemic continues to churn travel industry \|url=https://economictimes.indiatimes.com/tech/startups/ixigo-acquires-abhibus-as-pandemic-continues-to-churn-travel-industry/articleshow/85064599.cms \|website=The Economic Times \|access-date=25 August 2021}}</ref>
	== Products and Services ==
	In 2007, the company launched its 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 .

			The company ] in June 2024, listing on ] and ].<ref>{{cite news \|last1=Podishetti \|first1=Akash \|title=Ixigo shares debut at 48.5% premium over issue price \|url=https://economictimes.indiatimes.com/markets/ipos/fpos/ixigo-shares-debut-at-48-5-premium-over-issue-price/articleshow/111073309.cms \|access-date=19 June 2024 \|work=The Economic Times \|date=18 June 2024}}</ref>

			==Funding==
			In August 2011, ixigo received $18.5 million investment from SAIF Partners and ]. In June 2015, smartphone maker ] invested an undisclosed amount in ixigo.<ref>{{Cite news\|url=https://www.thehindubusinessline.com/info-tech/micromax-invests-in-mobile-travel-search-engine-ixigo/article7342342.ece\|title=Micromax invests in mobile travel search engine ixigo\|work=@businessline\|access-date=2018-07-03\|language=en}}</ref> In March 2017, ixigo closed a funding of $15 million in Series B round by ] firm ] India and Fosun RZ Capital.<ref>{{cite news \|title=Sequoia, Fosun invest $15 mn in travel marketplace ixigo \|url=https://www.vccircle.com/sequoia-fosun-invest-15-mn-in-travel-marketplace-ixigo/ \|access-date=27 August 2021 \|work=VCCircle \|date=22 March 2017}}</ref>

			In July 2021, it raised {{USD}}53 million in its pre-IPO round led by ] with participation from investors including Orios Venture Partners, Trifecta Capital, ] Ventures, among others.<ref>{{cite news \|title=Ixigo raises $53 million led by Singapore's sovereign wealth fund GIC \|url=https://economictimes.indiatimes.com/tech/startups/ixigo-raises-53-million-led-by-singapore-sovereign-wealth-fund-gic/articleshow/84800761.cms \|access-date=27 August 2021 \|work=The Economic Times}}</ref><ref>{{Cite news\|title=Travel platform ixigo files for Rs 1,600-crore IPO\|work=The Economic Times\|url=https://economictimes.indiatimes.com/tech/startups/travel-platform-ixigo-files-for-rs-1600-crore-ipo/articleshow/85285737.cms\|access-date=2021-11-28}}</ref>

	== References ==		== References ==
	{{Reflist}}		{{Reflist}}

	== External links ==






	{{Travel ticket search engines}}		{{Travel ticket search engines}}

	{{DEFAULTSORT:~~Ixigo.Com~~}}		{{DEFAULTSORT:ixigo}}
	]		]
	]		]
	]		]
			]
			]
			]
			]
			]
			]

Latest revision as of 13:59, 14 December 2024

Indian online travel company

ixigo

Type of site	Public
Traded as	NSE: IXIGO BSE: 544192
Founded	June 2007; 17 years ago (2007-06)
Headquarters	Gurgaon, Haryana, India
Owner	Le Travenues Technology Ltd
Founder(s)	Aloke Bajpai Rajnish Kumar
Key people	Aloke Bajpai (Chairman, MD & Group CEO) Rajnish Kumar (Director & Group Co-CEO)
Industry	Online travel agency
Revenue	₹655 crore (US$77 million) (FY24)
Net income	₹73 crore (US$8.5 million) (FY24)
Subsidiaries	AbhiBus Confirmtkt
URL	ixigo.com

ixigo (pronounced "ik-si-go") is an Indian online travel portal headquartered in Gurgaon. Launched in 2007, ixigo aggregates real-time travel information, prices and availability for flights, trains, buses, and hotels, and allows ticket booking through its associate websites and apps.

History

ixigo (Le Travenues Technology, Pvt. Ltd.) was started by IITK alumni Rajnish Kumar and Aloke Bajpai in June 2007, with the launch of their flights metasearch website. In 2008, it introduced a hotel search engine on its website.

In early 2014 ixigo launched its train ticket booking app.

In February 2021, ixigo acquired the train discovery and ticketing platform Confirmtkt in a cash and stock deal. In August 2021, ixigo acquired the bus ticket booking and fleet management portal AbhiBus in a cash and stock deal.

The company went public in June 2024, listing on NSE and BSE.

Funding

In August 2011, ixigo received $18.5 million investment from SAIF Partners and MakeMyTrip. In June 2015, smartphone maker Micromax Informatics 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.

In July 2021, it raised US$53 million in its pre-IPO round led by GIC with participation from investors including Orios Venture Partners, Trifecta Capital, Info Edge Ventures, among others.

References

^ "Ixigo profit more than doubled in FY24 at Rs 73 crore, income up 28%". Moneycontrol. 4 July 2024. Retrieved 5 July 2024.
Kumar, Saurabh (27 October 2015). "Building a meta-search engine for travel needs". Livemint. Retrieved 10 July 2020.
"Ixigo takes aim at MakeMyTrip with ₹1,600-crore IPO". Mint. 24 August 2021. Retrieved 25 August 2021.
"Meet ixigo's Aloke Bajpai And Rajnish Kumar: IIT Batchmates Flying Rs 500 Cr Travel Tech Biz". News18. 5 June 2023. Retrieved 14 September 2023.
"iXiGO launches hotel search engine". exchange4media. Retrieved 25 August 2021.
Gooptu, Biswarup (10 September 2018). "Travel meta-search company Ixigo's next bet is on rail ticket sales". The Economic Times. Retrieved 5 May 2020.
"Ixigo buys train booking firm Confirmtkt to boost presence in small towns". The Economic Times. Retrieved 25 August 2021.
"Ixigo acquires AbhiBus as pandemic continues to churn travel industry". The Economic Times. Retrieved 25 August 2021.
Podishetti, Akash (18 June 2024). "Ixigo shares debut at 48.5% premium over issue price". The Economic Times. Retrieved 19 June 2024.
"Micromax invests in mobile travel search engine ixigo". @businessline. Retrieved 3 July 2018.
"Sequoia, Fosun invest $15 mn in travel marketplace ixigo". VCCircle. 22 March 2017. Retrieved 27 August 2021.
"Ixigo raises $53 million led by Singapore's sovereign wealth fund GIC". The Economic Times. Retrieved 27 August 2021.
"Travel platform ixigo files for Rs 1,600-crore IPO". The Economic Times. Retrieved 28 November 2021.

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