Mumbai: SAIF Partners and MakeMyTrip Ltd have invested $18.5 million in iXiGO.com, a Delhi-based travel search engine.
The investment gives SAIF Partners a 56.7% stake in Le Travenues Technology Pvt. Ltd, which owns and operates iXiGO.com. MakeMyTrip Ltd will have a 19.9% stake.
“We are looking forward to grow our team and innovate further in expanding our product offerings for online travel research and trip-planning,” said Aloke Bajpai, founder and chief executive officer of iXiGO.com.