ixigo

“And the answer is yes, they are now, you know, at a, almost thirty million dollar run rate.”

“They are doing about thirty million And we use and three million D use with a marketing burn, which is next to nothing.”

“You know, we gave away about 2.3% of the company in July right from the beyond to, you know, everyone in our leadership team, everyone owns shares and these were given at a deep discount so that everybody benefits when things comes back.”

“I don't think many companies have bootstrapped for five years before their series A, right? But that's what we did, right?”

“So in FYI, and we haven't really published these yet, but in FYI, we grew to 160 crores in revenue with very negligible losses. In fact, we had a profitable for last quarter of the year, which was JFM 20, 20. And in terms of GMV, you know, we are we were very …”

“In 2017, they saw the kind of traffic we built organically, right? I mean, we were at like 10, twelve million monthly active users, I think built without Spending even like five million dollars on marketing over the last six, seven years.”

“It's actually two now. I mean, we did this math again last, last month and we figured out that 20% of our past employees are entrepreneurs”

“When it started in March, when the lockdowns were announced you know, we went down to near zero revenue for a couple of months because there were hardly any transactions happening.”

“We had also closed or signed a term sheet, right. With a large VC investor the due diligence and the docs were done. And then the Lehman brother crisis happened. And our term sheet got pulled and we couldn't close that round.”

“We've built this company very organically and have kind of grown largely by word of mouth and what we call zero dollar marketing. So, you know, we've, we are very proud to have disrupted the category by proving that you can build a large travel app You know, p…”

“I mean the amount of primary capital that Ixigo has raised in the last 13 years is just twenty two million dollars, right?”

“We are saying maybe two to three years is what it'll take from here to be sizable enough to think of a public offering”

“So Exego currently you know, serves more than a hundred fifty million Indians a year you know, through various travel platforms that we've built”

“We just built this AI chatbot called Tara, which was handling almost 80% of our queries as of March. And that was very useful during this crisis because suddenly we had like an ATEX outreach to our you know, chats and calls”

“You can do a lot of iterative growth doing all of that. So you should have your own you know, data science engineers who are constantly figuring out, you know those experiments and AB tests and iterative ideas. But, you know, for disruptive growth or for the S…”

“Although what we can tell you is that even this financial year we are pretty confident we'll end on a profitable note.”

“You know, on the revenue divided by total capital raised metric you know, we would be in the top five companies in India. I'm pretty confident of that.”

“If you look at the degree of customer experience that's prevalent out there, and I'm talking about the whole nine yards from the user experience pre-booking to the customer service provided post-booking, I think as an industry, you know, globally OTAs have fai…”

“In fact, during the lockdown, it still had almost 30, 40% of our traffic still salvaged despite no transactions happening.”

“All the people who were there, all 25 of them actually stuck around with us for almost three years post that crisis.”

“Pre-lockdown for all the international bookings that were done in the month of March or April, we did not wait for the airlines to refund the money to us. You know, in the month of March for people who canceled, we gave them the refund immediately. For some of…”