QWLDesiree at 23:05, 29 June 2025

2025-06-29T23:05:06Z

New page

{{Short description|Indian online travel company}}
{{Use Indian English|date=January 2018}}
{{Use dmy dates|date=December 2017}}
{{lowercase title}}
{{Infobox website
| name = ixigo
| logo = Ixigo logo.svg
| logo_size = 150px
| logo_alt = New ixigo.com logo
| industry = [[Online travel agency]]
| foundation = {{date and age|2007|06|df=yes}}
| founder = Aloke Bajpai <br /> Rajnish Kumar
| location_city = [[Gurgaon]], [[Haryana]]
| location_country = India
| owner = Le Travenues Technology Ltd
| key_people = Aloke Bajpai {{small|(Chairman, MD & Group CEO)}} <br />Rajnish Kumar {{small|(Director & Group Co-CEO)}}
| 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 = [[Public company|Public]]
| traded_as = {{ubl|{{NSE|IXIGO}}|{{BSE|544192}}}}
| homepage = {{URL|https://www.ixigo.com/|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.<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>

== 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.<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>

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 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 [[Abhibus|AbhiBus]] 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>

The company [[went public]] in June 2024, listing on [[National Stock Exchange of India|NSE]] and [[Bombay Stock Exchange|BSE]].<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 [[MakeMyTrip]]. In June 2015, smartphone maker [[Micromax Informatics]] 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 [[venture capital]] firm [[Sequoia Capital]] 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 [[GIC (Singaporean sovereign wealth fund)|GIC]] with participation from investors including Orios Venture Partners, Trifecta Capital, [[Info Edge]] 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 ==
{{Reflist}}

{{Travel ticket search engines}}

{{DEFAULTSORT:ixigo}}
[[Category:Travel ticket search engines]]
[[Category:Indian travel websites]]
[[Category:Internet properties established in 2007]]
[[Category:Indian companies established in 2007]]
[[Category:Companies based in Gurgaon]]
[[Category:2007 establishments in Haryana]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:2024 initial public offerings]]

Ixigo - Revision history

QWLDesiree at 23:05, 29 June 2025