iXiGO, an investee company of local firm, BAF Spectrum announces a new hotel search service. New Delhi, April 9, 2008: iXiGO.com, India’s fastest growing travel search engine, today announced the launch of India’s most comprehensive hotel search. With iXiGO’s hotel search, customers will be empowered to search and book accommodation in real time with instant confirmation at best prices across 4500 hotels in 320 Indian cities.
iXiGO’s new hotel search provides users with more choice than ever before, as it includes budget accommodation across hostels, guest-houses, serviced apartments and villas. A sample search for hotels in Bangalore retrieved 185 properties with more than 25 options available at less than 1500 Rs. per room night.
iXiGO’s hotel search accesses more than 30 leading national and international hotel booking websites, enabling comparisons of room tariffs of the same hotel across multiple sites within a few seconds. The hotel search engine sorts accommodation by price, star ratings, amenities and allows detailed views for maps and photos; all in a single webpage. An instant keyword search on names, addresses and filters on best value within hotels narrows down the search features so far restricted to only select international travel portals.
Speaking on the occasion, Mr. Aloke Bajpai, Founder & CEO of iXiGO said, â€œWe are bringing our disruptive flight search model to hotel bookings by allowing instant real-time search across hotel booking sites. By comparing aggregators like Expedia, Travelocity, Orbitz, Desiya and some exclusive international content partners such as HotelsCombined, we hope to strategically integrate with booking sites of independent hotels and hotel chains in the future, to better manage their yields and lower their internet distribution costsâ.
iXiGO’s rapid growth is a direct result of its disruptive model that allows travelers to search and book directly on airline sites, saving them time and money while reducing distribution costs for airlines. Launched in June 2007, iXiGO has been named as one of the most innovative startups in the world by Red Herring magazine and NASSCOM. iXiGO recently closed a pre-Series A investment round with Singapore-based investment fund, BAF Spectrum.
About BAF Spectrum Pte Ltd:
BAF Spectrum invests in fast-growing and highly scalable Asian companies with a world market potential. The Singapore-based fund has committed more than US $14 million for early-stage ventures; partly financed through the Business Angel Scheme (BAS) operated by SPRING SEEDS Capital, a government-linked agency. BAF Spectrum’s seven executive directors from Asia and Europe represent a wide cross-section of business experience. For more information about BAF Spectrum and director profiles, please visit www.bafspectrum.com.
iXiGO.com Â® is Indiaâ€™s leading online and mobile travel search engine based out of Gurgaon. Launched in June 2007, iXiGO has been recognized by various national and international awards for its unique market approach, product usability, and passionate management team. iXiGO is driven by an entrepreneurial team of young IITians and INSEAD MBAs. For more information about iXiGO please visit www.ixigo.com.
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