Makemytrip & SAIF Acquire Majority Stake In iXiGo

iXiGO.com, one of India’s leading travel search engine player has been jointly acquired by SAIF Partners and Makemytrip for a total cash consideration of $18.5 million and to co-own 76.6% from existing share holders. Post this transaction, SAIF Partners will hold 56.7% while MakeMyTrip would own 19.9% respectively. Mr. Aloke Bajpai, Founder-CEO of iXiGO.com commented , “We are excited about...
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