In India, a significant percentage of middle-class youth are passionate about traveling but often struggle to find hostels with the proper amenities, hygiene, and quality service. Our platform aims to address this gap by offering a dedicated booking
But they don't have a property manager at every hostel who can organise such meets and fun activities like Oyo also starter when MakeMyTrip and Goibibo was on its peak!
Some unicorns in INDIA
(examples)
Food- zomato/Swiggy
Clothing -Zudio/Trends
Travel- Ixigo/MakeMyTrip
Ride-Uber/Rapido
Hotels-Oyo/Goibibo
ecommerce - Flipkart/myntra/Amazon
Payment-Paytm/Phonepe/Bharathpe
Grocery Delivery-zepto/Instamart
MY I
Ixigo IPO will see VCs reaping bumper returns๐
Key investors includeโคต๏ธ
- Elevation Capital (Previously SAIF) - โน63 crore invested, ROIC โฉ ~13X
- Peak XV - โน67 crore invested, ROIC โฉ ~8X
Fun Fact: MakeMyTrip, Ixigo's biggest competitor, was also a
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Rohit Kattimani
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