New Delhi : Smartphone handset maker Micromax Informatics announced a “strategic investment” in ixigo, a mobile travel search and marketplace, as part of its ongoing investments of up to USD 20 million dollars in over 20 startups in the coming year.
This investment would further reinforce Micromax’s foray into application services and innovative product offerings, the company said without disclosing financial details. Micromax Informatics Co-founder Rahul Sharma said: “Our vision is to seamlessly integrate innovative services into smart devices to create an ecosystem that is valuable for our users. We are really impressed with ixigo’s talented team and its mobile technology.”
ixigo helps travellers plan their trips, find the best train and bus services, book cheapest flights, cabs, hotels among others.