ixigo acquires Square Hoot Hikes

Image
Press Trust of India New Delhi
Last Updated : Aug 27 2015 | 7:02 PM IST
Mobile travel search firm ixigo today said that it has acquired Square Hoot Hikes, the parent company of Rutogo, an inter-city cabs aggregator for an undisclosed amount.
As per the deal, Rutogo will join ixigo's cabs app by building a marketplace for inter-city taxi owners and vendors, ixigo said in a statement.
Ixigo Co-Founder and CEO Aloke Bajpai said, "This acquisition fits well with our overall strategy of providing comprehensive choice across intra-city and inter-city taxi booking options."
He further said that now ixigo is a comprehensive transportation search with flights, trains, buses and cabs.
"We will be launching outstation taxis in the coming weeks, and will also be opening up the cabs marketplace and partner with other booking apps in the inter-city taxis space shortly," he said.
Rutogo Co-founder Aneesh Rayancha said, "ixigo shares our vision of becoming the leading marketplace for local and outstation cabs."
This is the second acquisition in the last one month for ixigo. Last month it had acquired Desi Backpacking Travellers Pvt Ltd, the company that runs IndianBackpacker.Com, for an undisclosed amount.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 27 2015 | 7:02 PM IST

Next Story