BWI: iXiGO.com Named a NASSCOM Emerge 50 Company

Press release from Business Wire India
Source: iXiGO
Tuesday, August 03, 2010 11:43 AM IST (06:13 AM GMT)
Editors: General: Consumer interest, Travel & tourism; Business: Business services, Financial Analyst, Information technology, Stock exchanges, Telecommunications, Travel & tourism; Technology
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iXiGO.com Named a NASSCOM Emerge 50 Company
NASSCOM Recognizes iXiGO.com's Exponential Growth and Future Potential

New Delhi, Delhi, India, Tuesday, August 03, 2010 -- (Business Wire India) -- iXiGO.com (www.ixigo.com), India's largest travel search engine has been named a NASSCOM Emerge 50 company for 2010 (http://blog.nasscom.in/emerge/2010/07/its-time-to-unveil-the-nasscom-emerge-50-for-2010/).

Emerge 50 is an initiative of NASSCOM to identify and honour emerging companies which are redefining the benchmarks of excellence and growth. iXiGO.com, consistently ranked as India's most innovative and trusted travel site has been selected by NASSCOM as one of the companies which have achieved fastest rates of growth in the past few years through their game changing proprietary technology and unique value proposition.

iXiGO.com empowers consumers by providing them the ability to search prices and availability across multiple transactional travel sites for flights (domestic and international), hotels (domestic & international), buses, deals etc. in a few seconds. iXiGO's deeply embedded global relationships in the Travel and Online Industry have helped it successfully establish itself as a credible advertising and distribution platform for airlines, hotels, online travel agents as well as advertisers looking for consumers with an ability and willingness to transact online.

Speaking on the occasion, Dharmendra Yashovardhan, Co-Founder and COO of iXiGO.com said - "It's an honour to be recognized amongst the fastest growing technology firms in India. The timing is just right, as we are at the cusp of charting our next phase of growth through new products and innovative partnerships."

"We have always been known for our cutting edge product capabilities. This new recognition by NASSCOM strengthens our resolve to ensure iXiGO.com fulfills its promise as a truly global travel search company to emerge out of India", added Aloke Bajpai, Founder-CEO of iXiGO.com.

iXiGO.com is India's fastest growing travel site, registering a growth of over 200% YoY in 2009-10, and generates a total transaction value of almost $4M every month. The company was previously named a NASSCOM Top 100 Innovator for 2007.

About iXiGO.com

iXiGO.com is South Asia's leading online & mobile travel search engine based out of Gurgaon, India. iXiGO.com searches across multiple airlines, hotels, trains and bus booking sites to find the best travel deals. Launched in June 2007 by IIT, INSEAD and Amadeus alumni Aloke Bajpai, Rajnish Kumar and Dharmendra Yashovardhan, iXiGO.com has been recognized by NASSCOM as India's Top-100 Innovator. BusinessToday and Wall Street Journal/Mint have named it among India's 10 hottest startups in 2008 for its unique market approach, product usability, and passionate management team.

iXiGO is backed by BAF Spectrum, a Singapore-based seed-investment fund. For more information about iXiGO, visit www.ixigo.com or m.ixigo.com (mobile).

About NASSCOM

NASSCOM is a global trade body with over 1200 members, of which over 250 are global companies from the US, UK, EU, Japan and China. NASSCOM's member companies are in the business of software development, software services, software products, IT-enabled/BPO services and e-commerce. NASSCOM has been the strongest proponent of global free trade in India.

NASSCOM was set up in 1988, at Mumbai to facilitate business and trade in software and services and to encourage advancement of research in software technology. It is a not-for-profit organization, registered under the Indian Societies Act, 1860. For more information about NASSCOM, visit http://www.nasscom.in.

Travel Partners: partners@ixigo.com

Affiliations: affiliate@ixigo.com

Advertisers: advertise@ixigo.com


CONTACT DETAILS
Dharmendra Yashovardhan, iXiGO, +91 (124) 4045281, dharmendra@ixigo.com

KEYWORDS
CONSUMER, TOURISM, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TELECOMMUNICATIONS, TRAVEL, TECHNOLOGY

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