Categories
Executive Movements

ixigo appoints 6 Independent Directors on its Board

Travel app ixigo (Le Travenues Technology Limited) announced the appointment of 6 independent members to its board of directors. The new independent members of the board are Arun Seth, ex Chairman & Trustee NASSCOM Foundation; Mahendra Pratap Mall, ex-Chairman & Managing Director IRCTC (Indian Railway Catering and Tourism Corporation Limited); Shubha Rao Mayya, ex VP […]

Categories
Executive Movements

Gurugram-based ixigo appoints Amrish Kumar as VP – Technology

Travel app ixigo (Le Travenues Technology Private Limited) has appointed Amrish Kumar as Vice President – Technology. Amrish Kumar has worked in large and entrepreneurial setups across the US and brings in considerable experience in AI,machine learning & data science, the company said. Amrish holds a bachelors of technology degree in mechanical engineering from Indian Institute of Technology, […]

Categories
Executive Movements

Ravi Shanker Gupta joins ixigo as Chief Financial Officer

ixigo (Le Travenues Technology), an AI-based travel app offering seamless planning and booking for flights, trains, buses, hotels, has appointed Ravi Shanker Gupta as its chief financial officer. “We are pleased to welcome Ravi to lead ixigo’s finance and investor relations as we enter our next phase of growth. We are confident that he will […]

Categories
Acquisition

Travel portal Ixigo buys Bengaluru-based Confirmtkt

Ixigo has acquired train booking firm Comfirmtkt for an undisclosed amount in a cash-plus-stock deal.  As part of the deal, Ixigo founders Aloke Bajpai and Rajnish Kumar will be joining the board of Confirmtkt and existing investors including Venture Catalysts will exit the company.  Both companies will continue to run independently, Ixigo said in a […]

Categories
Insights

Coronavirus Impact: Travel industry becomes ground zero for job losses

The coronavirus pandemic has now started to impact the world economy to another level. The novel virus outbreak, which was once considered to be China’s “internal problem”, has now become a global headache. The World Health Organization has now termed the outbreak as “pandemic”, forcing governments to act on war footing to combat the disease […]

Categories
News

Ixigo slashes employee salaries amid coronavirus pandemic

Indian travel and hotel booking platform Ixigo has recently slashed the salaries of its employees across all levels in an attempt to save cash burn due to the coronavirus pandemic. The company Co-founder and CEO, Aloke Bajpai said that the top management has agreed to take a 60% pay cut while the rest of the […]

Categories
Executive Movements

Some Recent Appointments – Verizon India, InMobi, iXiGo, Lenovo

Verizon Data Services: Santosh Bijur Santosh Bijur has been appointed as the new Managing Director. He succeeds Rahul Saxena who would be moving to a larger role at the company’s HQ in the US. Santosh would be responsible for the companyis IT Strategy and Operations. Earlier he was heading the IT Delivery for call center […]