Ixigo Raises $53 Million for Indian Travel Booking: Travel Startup Funding This Week
Photo Credit: The City Palace in Udaipur, India. This week, travel startups announced more than $95 million in funding. Ixigo, Exoticca, MisterFly, and Mototourismo gained. Flickr / Creative Commons / Ninara
Skift Take
This week, travel startups announced more than $95 million in funding. Concepts included online travel and transit booking in India, the high-tech packaging of multi-day tours, tools to help agents book travel, and a travel brand for motorcycle owners.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.This week, travel startups announced more than $95 million in funding.
>>Ixigo, a online travel and transit booking app based in India, has raised a $53 million round of funding, according to regulatory filings for parent entity Le Travenues Technology.
GIC, the sovereign wealth fund of Singapore, led the round, the Economic Times first reported. Ixigo told Skift that it had not released an official statement regarding the press reports.
Info Edge Ventures, White Oak, Bay Capital, Trifecta Capital, Malabar Investments, and Orios Venture Partners participated. Sequoia Capital has previously invested in the company.
The travel startup is looking to go public later this year, according to media reports.
>>Exoticca, a startup that offers multi-day package tours, has closed a $30 million Series C round of funding.
14W and Mangrove Capital Partners led the round. Aldea Ventures and existing investors Mil
