SpiceJet acqui-hires ixigo’s airline technology arm Travenues. SpiceJet has acqui-hires Travenues, an airline services firm based in Bengaluru, a subsidiary of Ixigo also an online travel startup that produces airline ecommerce goods.
It may retain Travenues Software Stack and Commerce Platforms specialized in smartphone apps, customer interface. Also cross-selling, interaction, payments and automation. Even then, Ixigo will keep the identity of the brand and the business.
“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 becoming a global leader in aviation technology,” said Ashish Vikram, Chief Technology and Innovation Officer at SpiceJet in stated a statement.
Reshaping of technology and services
“All proposals for the travel industry have been put back a few years. With the impact of the travel segment, we didn’t want to focus on two business lines. We thought of this acquisition as a win-win, as we wanted to focus entirely on our B2C business, and thought it would take a lot of effort and investment to sign up more
airlines and scale up our B2B offerings through Travenues, “stated by Aloke Bajpai, co-founder, ixigo.com.
Travenues approved its first technology partnership with SpiceJet. Also last year to reshape their consumer-oriented perspectives digitally. As well as to build airline booking applications and mobile websites.
This proposed deal is also helping SpiceJet gain exposure to travenues’ connections to the technology portal for reservation auxiliary facilities. Therefore, including on-flight meals and accommodation. Which allows the airline to provide passengers with greater experience when purchasing ticket facilities.
Iixigo aimed to assist businesses by leveraging B2B deals and profound-tech implementations to develop a market base and benefit corporations with user interaction in several services.
Chandramouli Gopalakrishnan, Travenues Chief Digital Officer stated that. “We are proud of the team and the full stack airline trade package that. We have created and we wish the SpiceJet team every success in getting it to the next stage with a young and inspired team”.
