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IXIGO NET LOSS
Ixigo posts 37% revenue growth; slips into loss on one-time costsTotal expenses were up at Rs 290 crore from Rs 191 crore YoY. A significant amount of the expenditure was attributed to employee benefits a...
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.
Cloudy skies for Cleartrip: revenues jump 69%, but losses are substantialTotal expenses stood at Rs 886 crore in FY25, compared to Rs 990 crore a year ago. A significant chunk of this was attributed to employee b...
Ixigo logs 73% rise in Q1 revenue; net profit climbs 27% to Rs 19 croreThis is thanks to growth across all lines of business, effective cross-selling and up-selling to its user base, and AI-driven efficiency at...
Waiting list train ticket? Get ticket confirmation assurance with up to 3x money back guarantee from Ixigo, Redbus and MakeMyTripTatkal tickets: Private travel platforms like Ixigo, redBus, and MakeMyTrip are offering a 'travel guarantee' feature to address the frustr...
Listed startups get a delivery of reality: It's hot on the StreetThe tide is expected to turn for some of the companies including Swiggy and Mobkwik over the next few quarters. ETIG offers a snapshot of k...
Trump sounds DeepSeek alarm; Zepto’s homecomingDeepSeek’s arrival is a warning for American companies, says US President Donald Trump. This and more in today’s ETtech Top 5.
Ixigo logs 52% fall in Q3 net profit at Rs 15 croreOperating revenue of Le Travenues Technology, the parent company of online travel aggregator Ixigo, climbed 42% to Rs 242 crore, while high...
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...
Apple supplier Jabil eyes expansion; Ixigo, Go Digit financialsApple supplier Jabil plans to expand operations in India, one of the world's fastest-growing markets for iPhones. This and more in today’s ...
Ixigo IPO: A look at the online travel aggregator’s listed rivalsThe travel industry, which had taken a beating during the Covid-19 period, witnessed a smart recovery post-pandemic, with some players regi...
Ixigo share price jumps over 13% after listing at healthy premiumShares of Le Travenues Technologies' travel platform Ixigo surged 13% from Rs 135 to Rs 152.21 on BSE after a strong listing. The company's...
Office-sharing startup Awfis to launch IPO on May 22Delhi-based Awfis has reduced the fresh capital it is raising from the offering to Rs 128 crore from Rs 160 crore earlier. Meanwhile, the c...
Unlisted stocks slump as dull listings, IPOs on hold hit sentimentAPI Holdings, the parent of PharmEasy, trades at ₹22 in the unlisted market, 66% lower than a year ago, showed data compiled by UnlistedKar...
Travel platform ixigo files for Rs 1,600-crore IPOIxigo plans to raise Rs 750 crore by issuing new stock and Rs 850 crore via an offer for sale by existing investors, according to its draft...
Ixigo raises $53 million led by Singapore's sovereign wealth fund GICThe latest round also saw participation from other investors such as Infoedge Venture Funds, White Oak, Bay Capital, Orios VenturePartners,...
Ixigo buys train booking firm Confirmtkt to boost presence in small townsAs part of the deal, Ixigo founders Aloke Bajpai and Rajnish Kumar will be joining the board of Confirmtkt and existing investors including...