SAIF, MakeMyTrip back Indian travel search engine
Indian travel search engine iXiGO.com has received $18.5 million in funding from SAIF Partners and online travel company MakeMyTrip. The two investors purchased stock in iXiGO’s parent, Le Travenues Technology, and also received new shares.
Following the transaction, SAIF and MakeMyTrip will own 56.7% and 19.9% of the company, respectively. Their entry allows the exit of Singapore-based BAF Spectrum, which provided seed funding to iXiGO in...
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