ixigo Rolls Out Flight Tracker Feature To Provide Travel Updates To Users

Share via:


SUMMARY

Flight Tracker Pro will provide real-time updates on flight status, immediate alerts on delays, information on terminal, boarding gate, check-in counter and baggage belt

The feature will be available only for customers booking their flight tickets through ixigo

ixigo posted a 78% YoY jump in its net profit to INR 14.85 Cr in Q1 FY25, while operating revenue grew 16% to INR 181.87 Cr

Online travel aggregator ixigo, which recently reported robust Q1 FY25 results with 78% year-on-year profit growth, has rolled out a new feature ‘Flight Tracker Pro’ for its users to facilitate a smooth journey from check-in to baggage claim.

Ixigo cofounder and CEO Aloke Bajpai made the announcement on social media platform X. “With flight tracker pro ixigo brings near pilot-grade flight tracking and utility features only available in paid apps till date. Built for and by pro flyers!”

As per ixigo, Flight Tracker Pro will provide real-time updates on flight status, immediate alerts on delays and flight status changes, as well as information on terminal, boarding gate, check-in counter and baggage belt.

Besides, tapping this feature, a user can also track a flight’s progress directly from the mobile lock screen even in airplane mode.

The feature will be available only for customers booking their flight tickets through ixigo.

The development comes two days after the startup reported its financial results for the quarter ending June 30, 2024. Its net profit rose to INR 14.85 Cr from INR 8.36 Cr in the year-ago quarter, while operating revenue grew 16% to INR 181.87 Cr in Q1 FY25 from INR 156.55 Cr a year ago.

The startup’s EBITDA zoomed 62% YoY to INR 19.2 Cr in Q1 FY25.

Founded in 2017 by Bajpai and Rajnish Kumar, ixigo started in 2007 as a travel search website to help users compare flight deals. In FY20, it transformed into an OTA and began generating revenue from a wide range of services such as flights, trains, bus tickets, hotel bookings and holiday packages.

ixigo made its debut on the bourses in June this year, with its shares listing at a premium of more than 45% on the BSE. The stock debuted at INR 135 apiece as against an issue price of INR 93.

At INR 172.8, the stock’s last opening price was 28% above the listing price and 85.8% higher than the issue price.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

ixigo Rolls Out Flight Tracker Feature To Provide Travel Updates To Users


SUMMARY

Flight Tracker Pro will provide real-time updates on flight status, immediate alerts on delays, information on terminal, boarding gate, check-in counter and baggage belt

The feature will be available only for customers booking their flight tickets through ixigo

ixigo posted a 78% YoY jump in its net profit to INR 14.85 Cr in Q1 FY25, while operating revenue grew 16% to INR 181.87 Cr

Online travel aggregator ixigo, which recently reported robust Q1 FY25 results with 78% year-on-year profit growth, has rolled out a new feature ‘Flight Tracker Pro’ for its users to facilitate a smooth journey from check-in to baggage claim.

Ixigo cofounder and CEO Aloke Bajpai made the announcement on social media platform X. “With flight tracker pro ixigo brings near pilot-grade flight tracking and utility features only available in paid apps till date. Built for and by pro flyers!”

As per ixigo, Flight Tracker Pro will provide real-time updates on flight status, immediate alerts on delays and flight status changes, as well as information on terminal, boarding gate, check-in counter and baggage belt.

Besides, tapping this feature, a user can also track a flight’s progress directly from the mobile lock screen even in airplane mode.

The feature will be available only for customers booking their flight tickets through ixigo.

The development comes two days after the startup reported its financial results for the quarter ending June 30, 2024. Its net profit rose to INR 14.85 Cr from INR 8.36 Cr in the year-ago quarter, while operating revenue grew 16% to INR 181.87 Cr in Q1 FY25 from INR 156.55 Cr a year ago.

The startup’s EBITDA zoomed 62% YoY to INR 19.2 Cr in Q1 FY25.

Founded in 2017 by Bajpai and Rajnish Kumar, ixigo started in 2007 as a travel search website to help users compare flight deals. In FY20, it transformed into an OTA and began generating revenue from a wide range of services such as flights, trains, bus tickets, hotel bookings and holiday packages.

ixigo made its debut on the bourses in June this year, with its shares listing at a premium of more than 45% on the BSE. The stock debuted at INR 135 apiece as against an issue price of INR 93.

At INR 172.8, the stock’s last opening price was 28% above the listing price and 85.8% higher than the issue price.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Trump Media hints at crypto trading, payments in TruthFi...

The new trademark filing from Trump Media and...

Elevate your MacBook with iVANKY’s new FusionDock lineup [Video]

Regarding docking solutions for your MacBook, iVANKY’s FusionDock...

Apple is reportedly building a more conversational Siri powered...

Apple is developing a new version of its...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!