Indian airline and air cargo operator SpiceJet has acqui-hired
Travenues, a subsidiary of price comparison and booking app Ixigo.
Terms of the deal have not been disclosed.
launched Travenues in January 2019 to develop technology to help airlines improve
their e-commerce platforms using advancements in mobile apps, UX,
cross-selling, payments, personalization and more.
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Along with inheriting that technology, Ixigo says
SpiceJet will absorb the majority of Travenues’ 15 employees.
“We are happy that we were able to incubate a startup
and build a next generation platform with a motivated tightly-knit team that
can truly disrupt airline direct sales and airline commerce,” says Rajnish
Kumar, co-founder and chief technology officer of Ixigo.
SpiceJet has already been using
Travenues technology since the two companies signed a partnership last year.
“This acqui-hire will help SpiceJet
strengthen its e-commerce platforms as we continue to innovate across multiple
technology areas and achieve our vision of being the worldwide leader in
aviation technology,” says Ashish Vikram, chief technology and innovation
officer at SpiceJet.