India’s SpiceJet airline takes over team and technology of Ixigo’s Travenues subsidiary

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.

Ixigo 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.

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.