Mobile travel search marketplace ixigo on Friday said that it has completed the acquisition of all intellectual property of Desi Backpacking Travelers, which runs IndianBackpacker.com - a community for budget travellers. Financial details were not disclosed.
As a part of the deal, Akshay Chhugani, founder and CEO of The Indian Backpacker will also be joining ixigo as head of traveller communities.
Aloke Bajpai, co-founder and CEO, ixigo said: "As a part of ixigo's vision of simplifying the lives of Indian travellers, we want to build a strong connect with communities of travellers who possess a shared passion, purpose or taste."
"Akshay has travelled extensively through India on a shoestring budget and has mastered the art of spending less and travelling more in terms of budget accommodation, destinations and experiences," he said.
"At ixigo, he will be responsible to build and nurture curated communities of travellers across interest areas. We look forward to building an authentic Indian traveller community and curate deep knowledge of offbeat destinations and niche travel experiences," he added.
ixigo recently received investment from Micromax, India's leading smartphone manufacturer, and is looking to grow five-fold to reach over 30 million monthly active mobile users by the end of 2016.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
