India’s leading travel-tech company, ixigo, has secured a massive investment of ₹1,296 crore from global investor Prosus, marking one of the biggest moves in India’s travel sector this year. This funding will not only strengthen ixigo’s market presence but also accelerate its plans to expand across multiple areas of its business, both organically and through acquisitions.
Prosus Steps In as a Strategic Investor
Prosus, a global consumer internet group and one of the world’s largest technology investors, is making this investment through its subsidiary, MIH Investments One B.V. The company will acquire about 4.62 crore equity shares in ixigo, giving it nearly 10.1% ownership in the homegrown travel platform. The deal will be completed through a private placement, a process that allows a company to issue shares directly to a selected investor rather than through the public market.
This investment highlights Prosus’s confidence in India’s fast-growing travel and technology ecosystem. Prosus already has a strong presence in Indian startups across various sectors, and its move to invest in ixigo shows its interest in the booming online travel market. For ixigo, having Prosus onboard brings not only financial strength but also valuable expertise in scaling consumer technology businesses.
How ixigo Plans to Use the Funds
ixigo has shared that the newly raised capital will be used across multiple areas to ensure sustainable and long-term growth. The company plans to allocate funds for organic growth, which includes improving its technology, enhancing customer experience, and building stronger travel products. It will also focus on inorganic growth by exploring potential acquisitions or partnerships with smaller travel startups to expand its offerings.
Additionally, a significant portion of the money will be used for working capital requirements, ensuring smooth day-to-day operations and maintaining a healthy financial position. The remaining funds will go toward general corporate purposes, such as marketing, team expansion, and business development. Together, these investments are expected to strengthen ixigo’s ability to serve millions of travelers with better efficiency and innovation.
A Big Push for India’s Travel Tech Market
This funding comes at a crucial time when India’s travel industry is witnessing rapid recovery and expansion after the pandemic slowdown. With increasing internet penetration, affordable smartphones, and growing interest in budget-friendly travel, platforms like ixigo are seeing record user engagement. The company’s app already helps users book trains, flights, buses, and hotels, offering a one-stop platform for travel needs. With fresh funds in hand, ixigo aims to bring more features, better prices, and an even smoother experience for travelers.
The backing from Prosus gives ixigo a competitive edge in a market dominated by players like MakeMyTrip and EaseMyTrip. It also reflects a larger trend of international investors betting big on Indian travel startups that combine technology with convenience.
The Road Ahead for ixigo
With this investment, ixigo is entering a new growth phase. The company has already built a strong reputation for simplifying travel bookings for Indian users, especially in tier 2 and tier 3 cities. Now, with Prosus’s financial and strategic support, ixigo is expected to strengthen its position as one of India’s leading travel-tech innovators.
The partnership is not just about capital — it’s about collaboration. Prosus’s global experience in building scalable digital businesses aligns well with ixigo’s vision of making travel accessible and hassle-free for everyone. As India’s travel demand continues to rise, ixigo’s journey ahead looks more promising than ever, powered by technology, trust, and a bold vision for the future.ixigo Secures ₹1,296 Crore from Prosus to Accelerate Its Travel-Tech Journey