Total amount raised
$88.5 Millions
Latest funding date
10/01/2021
Location
ixigo has successfully raised significant funding over multiple rounds, establishing itself as a key player in the travel booking industry. The platform offers a comprehensive suite of services, including booking flights, trains, buses, and hotels, leveraging advanced technologies to enhance user experience.
Keep reading to explore the intricacies of ixigo's fundraising journey and the investors backing this innovative platform.
What Is ixigo?
Launched in 2007, ixigo is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. The company leverages artificial intelligence, machine learning, and data science-led innovations on its OTA platforms.
Operating within the travel and technology industry, ixigo aims to provide a seamless travel booking experience for the 'next billion users'. The company offers a wide range of services, including booking for flights, trains, buses, and hotels, along with various travel utility tools and services.
Based in India, ixigo's vision is to become the most customer-centric travel company by offering the best customer experience through technology, cost-efficiency, and innovation.
How Much Funding Has ixigo Raised?
- Seed Round
- Amount Raised: $500K
- Date: February 2008
- Lead Investors: -
- Series A
- Amount Raised: $6M
- Date: August 2011
- Lead Investors: -
- Venture Round
- Amount Raised: $4M
- Date: June 2015
- Lead Investors: Micromax Informatics
- Venture Round
- Amount Raised: $10M
- Date: November 2016
- Lead Investors: Peak XV Partners
- Series B
- Amount Raised: $15M
- Date: March 2017
- Lead Investors: Peak XV Partners
- Series C
- Amount Raised: $53M
- Date: July 2021
- Lead Investors: GIC
- Venture Round
- Amount Raised: -
- Date: October 2021
- Lead Investors: Trifecta Capital Advisors
In total, ixigo has raised $88.5M across its funding rounds.
Key Investors
- Trifecta Capital Advisors
- Details: Trifecta Capital Advisors is a leading venture debt firm in India. They provide structured debt financing to high-growth, venture capital-backed companies.
- Investment Focus Areas: Technology, Consumer, Healthcare
- Notable Investments: BigBasket, UrbanClap, CarDekho
- GIC
- Details: GIC is a sovereign wealth fund established by the Government of Singapore. It manages Singapore's foreign reserves and invests in a diverse range of asset classes globally.
- Investment Focus Areas: Real Estate, Private Equity, Infrastructure
- Notable Investments: Flipkart, Airbnb, Ant Financial
- Peak XV Partners
- Details: Peak XV Partners, formerly known as Sequoia Capital India, is a venture capital firm that invests in early and growth-stage companies in India and Southeast Asia. They are known for their extensive network and strategic support to portfolio companies.
- Investment Focus Areas: Technology, Consumer, Healthcare
- Notable Investments: Byju's, Zomato, OYO Rooms
- Micromax Informatics
- Details: Micromax Informatics is an Indian consumer electronics company and the world's 10th largest smartphone vendor. They have diversified into various segments including mobile handsets, tablets, and consumer electronics.
- Investment Focus Areas: Consumer Electronics, Mobile Technology, Software
- Notable Investments: Yu Televentures, Gaana, ixigo
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay’s platform to access comprehensive fundraising data on companies like ixigo and gather other critical business insights. Sign up for free today and unlock the potential of data-driven decision-making.
