The Indian Ixigo IPO India 200M is a highly anticipated event for investors looking for an opportunity to get involved in the fast-growing Indian economy. Ixigo, a travel search engine, is set to become the first Indian company to list on the US stock exchange with a public offer of up to 200 million shares. This article will provide an overview of the key points to consider when investing in the Indian Ixigo IPO India 200M.
Overview of Indian Ixigo IPO India 200M
The Indian Ixigo IPO India 200M is a public offering of up to 200 million shares of the Indian travel search engine Ixigo. The company is set to become the first Indian company to list on the US stock exchange. This IPO is expected to raise up to $200 million in capital for Ixigo, which is primarily focused on developing mobile applications for travelers. The shares are being sold at a price of $10 per share with a minimum investment of $1000.
History of Ixigo
Ixigo was founded in 2006 by two Indian entrepreneurs, Aloke Bajpai and Rajnish Kumar. The company initially started as a flight search engine and has since expanded to include hotel and train booking services. Ixigo has been able to grow its user base rapidly with more than 70 million active users in India. The company has also raised over $100 million in venture capital funding from investors including Sequoia Capital and MakeMyTrip.
Key Benefits of Investing in Ixigo
Investing in Ixigo provides investors with an opportunity to get in at the ground level of a rapidly growing company. Ixigo has experienced tremendous growth in the past few years and is well positioned to capitalize on the growing demand for online travel services in India. Additionally, Ixigo has a strong team of experienced entrepreneurs and investors and has raised a significant amount of capital over the years.
Risks of Investing in Ixigo
As with any investment, there are risks associated with investing in Ixigo. The company is still in its early stages and is yet to generate significant revenues. Additionally, there is always the risk of failure when investing in startups. Additionally, Ixigo is heavily reliant on the Indian market and any changes in the macroeconomic environment could affect the company’s performance.
Conclusion
The Indian Ixigo IPO India 200M is a highly anticipated event for investors looking for an opportunity to get involved in the fast-growing Indian economy. Ixigo has experienced tremendous growth in the past few years and is well positioned to capitalize on the growing demand for online travel services in India. However, there are risks associated with investing in Ixigo and potential investors should carefully consider all the risks before investing.
