Travel

India online travel startup ixigo’s lessons on the balance between growth and profitability.

It has started hotel booking service as well and is aiming 3,000 bookings a day by this year-end.

The company is expecting a network of over 2,600 hotels by the end of this year.

The firm currently has 240,000 villas and apartment units on its platform.

The two companies will set up a joint venture and seek global content agreements and governance cooperation.

Kicking off in Singapore, the service will be available in Indonesia and Thailand by year end.

The company is banking on India’s 440 million millennials that are increasingly looking for new travel experiences.

The company has created a cryptocurrency that might change how user data is managed in the travel industry.