Ixigo

Travel tech businesses are thriving in India due to the country’s growing travel and tourism industry, increasing smartphone penetration, digital payments, technological advancements, government initiatives, and a supportive start-up…

Ixigohas forayed into the wearables segment with its latest product. The travel app has launched its new AI-powered headset named bhAI. The company claims that this ‘first-of-its-kind’ AI-powered Bluetooth headset is designed to assist…

‘The recent air-fare hike due to rising oil prices has driven customers towards trains and buses, which have shown phenomenal growth’  ‘The recent air-fare hike due to rising oil prices has driven customers towards trains and buses, which…

The year may be drawing to a close but the fundraising continues unabated. Two big deals – in excess of $300 million each were announced on Monday – taking an already record-setting year to new highs.Also in this letter:■ Apple asks CCI to…

Tata Consultancy Services is vying for a share of contracts worth a whopping $50 billion from the US government, we report today. Even a partial win would be huge for India's largest software exporter.Also in this letter:China's Fosun sells…

China's Fosun International has sold a large part of its stake in online travel company ixigo to Invesco's Emerging Market Innovators Fund for $15 million, three sources with knowledge of the development said. The stake sale came after the…

This award celebrates failure and recognises those who have survived to tell the tale. It will be given to entrepreneurs who rebuild or launch a more successful business. Niraj SinghET Tech Current Venture: Spinny Founded In: 2015 Based…

AI-based travel app ixigo is looking to raise Rs 750 crore in primary fundraise and Rs 850 crore via an offer for sale from existing investors as part of its initial public offering, according to the company’s draft red herring prospectus…

MakeMyTrip has exited from IPO-bound travel app ixigo, the Nasdaq-listed company said in filings to the US Securities and Exchange Commission, clocking 8x returns on its initial investment. The secondary transaction was worth $38.5 million…

Mumbai: IPO-bound online travel portal Ixigo has acquired Hyderabad-based AbhiBus, making the ticketing and aggregation platform the latest to succumb to a pandemic-induced slowdown in transportation. The slump sale includes a mix of cash…