iXiGO.com is one of the top 10 emerging companies of 2010: NASSCOM
The award was presented to iXiGO.com by R Chandrashekhar, Secretary, Dept of IT, Govt. of India in the presence of Som Mittal, President NASSCOM, Krishnakumar Natarajan, CEO and Managing Director, MindTree Ltd. and Sharad Sharma, Chair of the NASSCOM Product Forum.
NASSCOM through its EMERGE 50 initiative has identified 50 Emerging companies which are redefining the benchmark of excellence for the next generation of SMEs. The EMERGE 50 ' The League of Ten, have been selected from these shortlisted companies. The purpose of this initiative is to identify and recognize the great potential companies in the making, who can be treated as role models and inspiration to others.
Speaking at the Conclave, Som Mittal, President, NASSCOM said, "The SME segment represents a huge opportunity for India to retain its competitive advantage and sustain future growth. Over the past few years Indian SMEs, which are a significant contributor to the IT industry, have excelled in building niche products and services and tapping non-core markets. We are proud of not only the winners but all applicants that have showcased an unparalleled spirit of entrepreneurship."
At the awards ceremony, Dharmendra Yashovardhan, Co-Founder and COO of iXiGO.com said ' "We wish to thank our iXiGOers, our travel & online media industry partners and our awesome team for their support and contribution in our winning this award. It comes at a perfect time, since we are at the cusp of charting our next phase of growth through new products, new geographies and innovative partnerships."
"iXiGO.com has always been seen as the most innovative travel site in India. This recognition by NASSCOM strengthens our resolve to ensure iXiGO.com fulfills its promise as a truly global travel search company to emerge out of India", added Aloke Bajpai, Founder-CEO of iXiGO.com.
iXiGO.com empowers consumers by providing them the ability to search prices and availability across 100+ travel booking sites for flights (domestic and international), hotels (domestic & international), buses, deals etc. in a few seconds. In just 3 years, iXiGO's deeply embedded global relationships in the Travel and Internet Industry have helped it successfully establish itself as a credible distribution and media platform for airlines, hotels, online travel agents as well as advertisers looking for consumers with an ability and willingness to transact online. iXiGO.com is currently India's fastest growing travel site, registering a growth of over 200% YoY in 2009-10, and generates a total transaction value of almost $4M every month. The company has previously been named a NASSCOM Top 100 Innovator for 2007.