DealTracker - iXiGO Gets First-Round Financing
Posted on February 20th, 2008 by dhirender
According to this scoop in VCCircle, iXiGO.com, the Indian travel meta search engines, which launched in June 2007, has received an undisclosed amount of first-round financing from BAF Spectrum Pte Ltd, a Singapore-based seed investment firm. The investment will fund iXiGO’s marketing plans and also the plans to scale-up searchable travel content.
iXiGO helps travellers to search and book directly on airline sites, unlike other travel portals where the booking is done on the respective travel sites. According to Aloke Bajpai, the founder and CEO of iXiGO, “This is a model that will save them time and money while reducing distribution costs for airlines”.
Filed under: Deal Tracker