ixigo

ixigo (pronounced "ik-si-go") is an Indian AI-based travel e-commerce website founded in 2007. Headquartered in Gurugram, Haryana, the company has a user base of over 170 million travellers.[1] It aggregates and compares real-time travel information, prices and availability for flights, trains, buses, and hotel availability.[2]

ixigo
TypeOnline Travel, OTA
IndustryTravel, Internet, OTA
FoundedGurugram, India June 3, 2006 (2006-06-03)
FoundersAloke Bajpai
Rajnish Kumar
Headquarters,
Key people
Aloke Bajpai, (CEO)
Rajnish Kumar, (CTO)
Websitewww.ixigo.com

History

ixigo (Le Travenues Technology Pvt. Ltd.) was started by Rajnish Kumar and Aloke Bajpai. 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 booking product.
  • In 2008, apps for hotels and buses were launched.
  • In early 2014 ixigo launched trains app.[6]

References

  1. {{Cite news|url=https://www.outlookindia.com/newsscroll/ixigo-launches-ixigo-assured--offers-full-refund-on-all-domestic-flight-bookings-starting-just-rs399/1843694}
  2. Kumar, Saurabh (27 October 2015). "Building a meta-search engine for travel needs". Livemint. Retrieved 10 July 2020.
  3. "ixigo investors". www.crunchbase.com. Retrieved 3 July 2018.
  4. "Micromax invests in mobile travel search engine ixigo". @businessline. Retrieved 3 July 2018.
  5. "ixigo investors". www.crunchbase.com. Retrieved 3 July 2018.
  6. 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.
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