Sunday, March 3

Search Results for: ixigo

Travel App Ixigo Settles GMV of $250 million

Travel meta search firm Ixigo has settled gross transactions of $250 million (about Rs 182 crore) by the end of the current financial year. “In FY 2017-18, we did GMV of $100 million, and in the year before that (FY 2016-17), we had done $25 million. Next year, we should comfortably exceed $500 million,” Aloke […]

Online Travel Portal IXIGO Raises $10 Million Funding From Sequoia Capital India

Ixigo, a Gurugram-based online search marketplace portal has raised $10 million funding from Sequoia Capital India. Started in 2007, Ixigo started operation in flights, hotels, trips, trains, buses and cabs booking, where users can choose best options across multiple service providers. It has a separate mobile application for all of them. Ixigo is backed by Indian […]

Ixigo Launched Reverse Bidding Model for Outstation Cabs

Cab and taxi booking service provider Ixigo cabs recently introduced outstation cab bookings by building a marketplace of inter-city cab aggregators and vendors with a unique reverse bidding model. Inter-city commuters will no longer have to deal with calling up multiple intercity cab vendors as over 250 of them will compete internally, getting you the lowest […]

Ixigo set to enter inter-city cabs aggregation with Rutogo acquisition

ixigo, India’s leading mobile travel search marketplace has announced that it has completed the acquisition of Square Hoot Hikes Pvt Ltd, the parent company of Rutogo, an inter-city cabs aggregator, for an undisclosed amount. As part of the deal, the Rutogo team will be joining ixigo to scale its fast-growing cabs app by building a […]

Google & Xiaomi Eyeing Investment in ‘Where is my Train’ App

Technology giant Google and Chinese smartphone maker Xiaomi are eying an investment in an app called ‘Where Is My Train’ that provides live updates on trains without the use of internet and GPS. Google is in talks to acquire the two-year-old startup, whereas Xiaomi has held discussions for an investment. It is expected that Google […]

Yatra Online eyeing to raise $50 Mn via 9 Mn Share Sale

Yatra Online, country’s second largest travel aggregator is eyeing to raise an estimated $50 Mn (approx Rs 332.6 crores) via share sale, as revealed by its SEC filings. The company has plans to share 9 million shares, where it is also offering additional 1.35 Mn shares to underwriters, which if exercised to full will lead […]

Yatra to Raise $100 Mn Over 3 Year Period

Yatra, the online major travel company is set to gradually raise $100 Mn of funding over the next three years, as recent regulatory filings with the US Securities and Exchange Commission (SEC) reveal. The filings state, “Under this shelf registration process, we may offer ordinary shares, preference shares, various series of debt securities or even […]

Micromax Invests in All-In-One App ‘One Labs’

Micromax invested in a consumer technology and AI based start-up ‘One Labs’ who manufactured a product ‘inOne’ allowing users to access apps across different categories including food, shopping, travel, deals, cabs, news, recharge, games, etc… ‘InOne’ is the star product of One Labs and presently regroups over 50 apps in a 10 mb program. Some […]

Top 5 Most Promising Indian Startups in 2018

India is now a clear contender to become the capital of startups. Foreign investment and governmental initiatives such as start up India are all driving forces encouraging and promoting the start up culture in India. In this article we are going to take a look at the ‘Top 5 most promising startups in India 2018’. […]

Ratan Tata invests in pet care portal

New Delhi, Jan 4 (PTI) Top industrialist Ratan Tata has invested in pet care portal, continuing the slew of investments he has made in various startups globally. However, the value of the investment was not disclosed. “Ratan Tata has invested an undisclosed amount in Ronnie Screwala also invested in this round along with […]