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Ixigo conspiring key investment raise up to $10 million

Ixigo.com is gearing up to lock a noteworthy funding boost to tune up to 20

million dollars. According to the reports, the new investment is for 10 million

dollars but Sequoria capital is leading the round by raising the amount of the

figures and 20 million dollars, other investors are also the part of the round. The

undisclosed round was secured by way of selling a wager in business to Micromax

mobile manufacturer.

Future plans

To accomplish its objective of profitability Ixigo.com has launched many

initiatives; recently Ixigo has launched an app called ixibook in which users can

make bookings without being redirected to the third-party website. The main

focus of the company is to gain a high margin hotel booking business and to

increase the users who download the app on their Smartphone. Ixigo wants to

have the best deals for flights, buses, trains, and packages and is looking forward

to expanding.

About Ixigo.com

Ixigo.com is one of the chief and leading online travel search and planning websites

and also has successfully forayed into the section of mobile apps. Ixigo train apps

in compared to all others have taken the market by squall as these apps go on an

extensive way in entrancing the placate level of travelers. Ixigo.com has also

started out as a travel Meta search engine before launching its mobile apps. It is

not an online travel agency as a company does not charge anything for

suggestions regarding airline and hotel deals. Ixigo is launched in 2007 by Rajnish

Kumar and Aloke Bajpai and also has won many awards including BBC world’s fast

track list of innovative products and also became an investee company of SAIF

partners and make my trip Ltd.

Source: www.gadgetsnow.com

Ixigo conspiring key investment raise up to $10 million
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