Page 3 - Ixigo
Ixigo IPO: Le Travenues Technology files Rs 1,600-cr IPO papers with Sebi
Ixigo is focused on empowering travellers to plan, book and manage their travels by leveraging AI and data science-led innovations
 "Ixigo IPO: Le Travenues Technology files Rs 1,600-cr IPO papers with Sebi")
Travel aggregator ixigo announces acquiring train ticket app Confirmtkt
Train travel in India is an $8 billion market, with more 25 million passengers shuttling daily before the Covid-19 pandemic struck the country
 "Travel aggregator ixigo announces acquiring train ticket app Confirmtkt")
The travel entrepreneur who beat the market downturn not once, but twice
Aloke Bajpai's firm Ixigo cut pay, but didn't lay off; He says 'honest communication' with staffers saw the firm bounce back during the 2008 Lehman crisis and the current pandemic-induced one
 "The travel entrepreneur who beat the market downturn not once, but twice")
ixigo reinstates salaries, grants discounted ESOPs to staff as compensation
The ESOPs will result in an additional 2.3 per cent of the company's overall shareholding being given to all 150 ixigems (ixigo employees)
 "ixigo reinstates salaries, grants discounted ESOPs to staff as compensation")
Ixigo invests in gogoBus mobility startup, enters bus-booking segment
With this investment, Ixigo has entered the bus booking segment. Earlier, it had flight, trains, and hotels bookings. For gogoBus, this provides access to a ready user base.
 "Ixigo invests in gogoBus mobility startup, enters bus-booking segment")
ixigo plans to go for a third round of funding
In 2011, the company raised $18.5 mn from SAIF and leading travel portal MakeMyTrip
 "ixigo plans to go for a third round of funding")
Inter-city booking with reverse bidding from ixigo cabs
Service will be available for NCR, Jaipur, Agra, Chandigarh, Rishikesh, Dehradun and nearby areas
 "Inter-city booking with reverse bidding from ixigo cabs")
