Founded | June 2007 |
---|---|
Headquarters | , |
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 | ₹501 crore (US$63 million) (FY23) [1] |
Net income | ₹ 23 crore (US$2.9 million) (FY23) [1] |
Subsidiaries |
|
URL | ixigo.com |
Users | 23 crore (213 million) [2] |
Current status | Active |
ixigo (pronounced "ik-si-go") is an Indian online travel portal headquartered in Gurugram, India. 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. [3]
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. [4] [5] In 2008, it introduced a hotel search engine on its website. [6]
In early 2014 ixigo launched its train ticket booking app. [7]
In February 2021, ixigo acquired the train discovery and ticketing platform Confirmtkt in a cash and stock deal. [8] In August 2021, ixigo acquired the bus ticket booking and fleet management portal AbhiBus in a cash and stock deal. [9]
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. [10] 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. [11]
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. [12] [13]
Indian Railway Catering and Tourism Corporation (IRCTC) is an Indian public sector undertaking that provides ticketing, catering, and tourism services for the state-owned Indian Railways. It was established in 1999 by the Government of India and operated under the administrative control of the Ministry of Railways. In 2019, it was listed on the National Stock Exchange and Bombay Stock Exchange with the Government holding a 67% ownership. As of December 2023, there are 66 million registered users with IRCTC with a daily average of 7.31 lakh tickets booked.
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