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IXIGO BOARD MEETING
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let's take a look.- Prosus backs Ixigo; Bira's founder brews troubleIxigo is selling a 10% stake to Prosus to fund its growth plans. This and more in today's ETtech Top 5.
- Ixigo board meeting on Oct 10 to consider proposal by potential investorIxigo’s parent, Le Travenues Technology, will review a proposal from an investor to buy both new and existing shares. The investor, possibl...
- RBI’s AI reset; ETSA ‘Startup of the Year’ nomineesThe central bank’s new AI framework will send banks back to the drawing board. This and more in today’s ETtech Top 5.
- Startup Policy Forum unveils centre to support listed, IPO-bound startupsThe announcement by the Startup Policy Forum (SPF) at a meeting of Sebi chief Tuhin Kanta Pandey and a delegation of 20 startup founders wi...
- Startups aim to raise over Rs 18,000 crore via IPOs in major D-Street pushIndian startups are increasingly eyeing local stock exchanges for their listings, driven by robust valuation multiples in the public market...
- MakeMyTrip’s record raise, Zuck’s AI talent grabMakeMyTrip has raised $3.1 billion in the largest fundraise by a listed Indian internet company. This and more in today’s ETtech Top 5.
- New-age companies gear up to strengthen top deckStartups and new-age companies are bolstering their boards with high-profile independent directors to prepare for IPOs in the next one to t...
- Porinju Veliyath highlights Ixigo, Protean and Indegene as strong long-term investment picksI do not think budget is going to make any sea change to the situation. Budget, I do not think people are having much expectation.
- Online travel aggregator Ixigo registers 51% decline in net profit to Rs 14 crore in Q2Ixigo’s parent company Le Travenues Technology saw total expenses rise to Rs 191 crore in the September quarter from Rs 169 crore YoY. It s...
- Airfares set to rise as Indian travellers brace for a hot summer of travelUttarakhand received 4 million, 7.5 million and 8.3 million tourists in April, May and June, respectively, last year. The Himalayan state e...
- BlueStone, Ixigo chart IPO route; a new low for PaytmOnline jeweller BlueStone and travel tech platform Ixigo are planning to list on the public bourses. Details of this and more in today’s ET...
- TCS seeks slice of $50B contracts; Fosun's long goodbyeTata Consultancy Services is vying for a share of contracts worth a whopping $50 billion from the US government, we report today.
- ET Startup Awards 2021: Ixigo founders win the Comeback Kid awardIxigo not only survived the recent Covid-19 pandemic and is slated to launch a Rs 1,600-crore IPO soon, but it has also always had to compe...
- Travel bookings spike across India in August after dismal 2020Travel bookings have spiked across the country after a dismal 2020.Bookings have increased by double digits for key service providers in Au...
- The Deepinder Goyal interview after Zomato IPOZomato CEO Deepinder Goyal says the company's listing was "beyond anyone's expectations", India's payments gateways come under Enforcement ...
- Paytm's board gamesPaytm, which plans to go public in a few months, has agreed to give its founder Vijay Shekhar Sharma the right to appoint one member to its...
- Should you plan a vacation now? The answers to these 5 questions will help you decideMost people are craving a holiday particularly because Covid put paid to their summer vacation plans, but there is a lingering doubt about ...
- Why there could soon be a big change in the India strategy of SoftBank, Alibaba and TencentE-commerce behemoth Alibaba Group and Tencent are strategic investors of Chinese origin that have set up shop in the country, and are worki...
- War of the machines: The opportunities in machine learning for businessesWhile artificial intelligence and machine learning have been there since the 1940s, the availability of huge amounts of data is making the ...
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