IXIGO’s Possible Strategies To Raise New Funds Ahead Of Its IPO
Ixigo, India’s online travel aggregator, has been in the headlines for raising new funds before its IPO. Being the top technology company focusing on Indian travellers to plan, book, and manage their trips across rails, air, buses, and hotels, Ixigo has captured the attention of potential investors and new & existing shareholders with its new […]
Why Ixigo Postponed Rs. 1,600 Cr IPO? Discussing Major Reasons Behind It.
Ixigo, an Online Travel Aggregator (OTA), puts a hold on its IPO amid a weak economic environment. As the news broke out, it put investors in a dilemma who wanted to invest in Ixigo IPO shares. In December 2021, Ixigo received a green light from the Securities and Exchange Board of India (SEBI) for its […]
Possible Future Plans Of Ixigo To Compete For A Global Business Expansion
The travel industry in India is expanding at a large scale, and there are many companies that contribute to its growth. Ixigo is one such famous travel technology company which is helping millions of Indians in managing, booking, and planning their tour across buses, sea, air, rail, and hotels. Not only is the company performing […]
Ixigo’s Business Model: How Does It Make Money?
Be it an unplanned weekend outing with friends, or a well-organised trip with family, both have one thing in common…Ixigo; An online travel portal that provides customers with confirmed ticket bookings, hotel bookings, real-time travel, reservation information, and other travel-related details. Online travel bookings are expected to increase to $833 billion by 2025. Ixigo is […]
Travel Firm Ixigo Gets SEBI’s Nod For Its Rs 1600 Crore IPO: What Future Holds For Its Investors
2021 was an excellent year for the tech IPOs; during this year, the companies raised more than 1.2 lakh crores. However, the following year, 2022, was a complete flop in the Indian stock market as companies could only raise Rs 57,000 crores. According to a report by Research & Rankings report, in the last two […]
Is Ixigo Plans To Raise ₹750 Crores In Primary Share Sale During IPO?
Ixigo, India’s leading online travel portal, plans to raise Rs 750 crores through a primary issue of shares as a part of its Initial Public Offering (IPO). LE Travenues Technology, popularly known as ixigo, already filed a DRHP with SEBI for Rs 1600 crore IPO. Regarding the previous funding, ixigo has raised $22 million so […]
Ixigo’s Frugal Approach To Battle The Market Slowdown
Over the last few years, Indian online travel agencies have been going through tough times. The travel industry is one of the most affected sectors due to Covid-19, reflected in the financial reports of online travel agencies. Ixigo is India’s online travel booking platform that allows booking, planning, and managing trips. Like any other tech […]