Ixigo

India needs to up the holiday experience or it will lose to Bali, Vietnam: ixigo's Aloke Bajpai

India needs to make its holiday destinations more accessible at the last mile, ixigo co-founder said.

Prosus picks up additional 5.33% stake in ixigo, increases holding to around 15%

The additional 5% stake costed Prosus around Rs 620-660 crore, taking its total investment in ixigo to around Rs 1,900-2,000 crore. Moneycontrol was first to report about the deal on October 10.

Prosus to buy additional ixigo shares from Peak XV Partners and Elevation Capital to increase stake to 15%

Peak XV Partners will sell about 3 percent to Prosus and Elevation Capital will sell another 2 percent to Prosus, taking Prosus' total holding to 15%, up from 10.1% as of October 10 for a total consideration of around Rs 1,900-2,000 crore, sources told Moneycontrol

Amid recovery what drove value for India's listed startups

Companies that showed evidence of progress - whether through profitability, soaring adoption metrics, synergies playing out, or strengthening category leadership- were rewarded. Those still in transition were met with patience, not premium.

Ixigo Q1FY26 – Why it should be part of the core portfolio

Besides sectoral tailwinds, the company has a strong foothold beyond metros

Le Travenues, operator of ixigo, clocks faster-than-expected growth riding on Gen Z bookings, shares soar 14 percent

The bus and train segments at ixigo continue to gain traction, with train bookings by Gen Z travellers (aged 18-30) rising 45% YoY on the portal, and the management sounded confident of stronger growth in the flight business.

Maha Kumbh showed how India's spiritual quest turned into material gains for MakeMyTrip, Ixigo, Oyo

Spiritual tourism is increasing driving revenue of travel companies such as ixigo, MakeMyTrip and OYO, with the younger demographic emerging as a significant growth driver in this category. The rising trend has also prompted strong projections of job creation as well as revenue growth.

Not just white-collar jobs, AI will even replace manual labour work: Ixigo’s Rajnish Kumar

The good thing about this tech is that it's dead simple to use, and no sector will be spared, he says. It's mostly a race between US and China now, and India is far away, says Kumar.

Ixigo – What next after a blockbuster quarter?

Travel market growth, customer stickiness and value-added offerings augur well for the company

Ixigo suspends flight and hotel bookings for Turkey, Azerbaijan, and China

Ixigo in a post on X issued a statement saying, "In solidarity with our nation, we have suspended flight and hotel bookings for Turkey, Azerbaijan, and China."

Ixigo's net profit halves to Rs 15.5 crore on taxes and exceptional expenses

Ixigo's December quarter net profit fell by 48.5% to Rs 15.5 crore, while the revenue is up by 42% on year, with strong EBITDA growth.

Ixigo – Are you ready to embark on this journey?

The Indian travel market is growing and this OTA will be a likely beneficiary

Ixigo offers 3X refund on unconfirmed waitlisted train tickets, shares up 4%

'With the ‘Travel Guarantee’ feature travellers receive a refund of triple their ticket fare, offering added flexibility to users to rebook their journey through other modes of transport,' says ixigo

Ixigo enters train food delivery business, acquires 51% stake in Zoop for Rs 12.5 crore

Zoop is currently operating at 192 stations across India and partnered with around 400 select restaurants. E-catering on trains has become a fast-growing part of the market for IRCTC and its food aggregator partners, and food on trains has a total addressable market potential of nearly $1 billion, ixigo management said.

India’s listed startups have delivered premium growth with margin expansion under scrutiny of the public eye

RGI companies are delivering 36% median EBITDA growth, more than double that of NIFTY 50 (18%) and MidCap (14%) companies.

Performance matters, but so does leaving value on the table

Start-ups that delivered on the promise of growth while improving margins were rewarded by public market investors with better stock performance in FY 2024

ixigo extends ties with PhonePe to offer flight, bus booking services

Along with simpler payment processes, travellers can enjoy exciting discounts and offers on flight, train and bus bookings, ixigo said, adding that PhonePe users can also take advantage of advanced features and value-added services from the ixigo group

25 startups drop out of Hurun India Future Unicorn Index in 2024

According to the list, this year there was a record drop in future unicorns from the list. Some of these include Dunzo, Koo, Gaana, Bizongo, Rapido, Practo, WayCool, Paper Boat, Dotpe, to name a few. Only three startups got promoted to unicorns including Zepto, Porter and InCred turned unicorns this year.