YES – you heard it right 🙂
According to the daily business newspaper that’s a part of the wall street journal group, “these start ups stand out for the products or services offered, founder credentials and new business models.”
Here’s the entry for iXiGO:
5. iXiGO.com (Le Travenues Technology Pvt. Ltd)
Founder(s): Aloke Bajpai, Rajnish Kumar and Jens Schutter
Space: Online travel
Funding: Closing pre-series A funding
Description: iXiGO.com, a late entrant in the online travel space, says its differentiated business model helps reduce cost of operations, which allows it to scale faster. Instead of booking tickets on its site, it re-directs customers to airlines’ home pages, for which it collects a fee from the airlines. Its founders worked for several years at European travel site Amadeus.net before moving to India in 2006. The company was shortlisted for Proto and Nasscom’s 100 IT Innovators 2007.
Thanks to all iXiGOers whose feedback has resulted in this honour, and we look forward to living upto the great expectations that the world has from us !