ixigo
ixigo is growing, with Q1 FY27 revenue up 13% to ₹356.75 crore and net profit up 81% to ₹34.2 crore (Inc42, 18 Aug). Adjusted EBITDA fell 7% to ₹29 crore as it reinvests in hotels and AI (Inc42, 2 Oct).
What it means Mid-market hotel rivals face an ixigo with more than 10,000 direct hotel partnerships across nearly 700 towns.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 8 stories, the newest dated 6 Oct 2026. Summary written 10 Oct 2026.
ixigo is an Indian travel booking platform whose app sells domestic flights.[1] source: MediaBrief
Show 3 more paragraphs and 8 sources
Its business spans trains, flights and buses, and it is reinvesting into hotels, AI and brand building.[2] source: Inc42
Inc42 reported in October 2026 that ixigo's Q1 FY27 revenue from operations rose 13% to ₹356.75 Cr, with GTV of ₹5,524 Cr and contribution margin of ₹144.94 Cr.[2] source: Inc42 Adjusted EBITDA fell 7% YoY to ₹29 Cr.[2] source: Inc42 In October 2026 ixigo launched 'ixigo for work', which offers corporate fares on domestic flights with reduced cancellation and rescheduling charges, free seat selection and meals, and no separate business account.[1] source: MediaBrief Travellers can save a company GSTIN to claim GST input credit.[1] source: MediaBrief ixigo recorded 100% growth in bookings to Vietnam, 70% to Sri Lanka, 30% to Singapore and 20% to Thailand as international airfares rose 40% year-on-year in summer.[3] source: The New Indian Express Business In December 2025 it reported over 100 per cent month-on-month growth in flight searches to Srinagar.[4] source: Business Standard In December 2025 it offered refunds and support after IndiGo cancelled 1,000 flights.[5] source: Business Standard ixigo is among the businesses offering Apple Pay through Razorpay, according to YourStory in October 2026.[6] source: YourStory
Ameya Velankar, ixigo's marketing SVP, outlined an AI-native app and a ChatGPT ads pilot, and said he expects AI-led travel to coexist with marketplaces.[7] source: MediaBrief ixigo ran a 9-to-5 office-worker getaway message for World Tourism Day in September 2026.[8] source: ET BrandEquity EaseMyTrip also offered refunds and support during the IndiGo cancellations.[5] source: Business Standard
Sources
Questions about ixigo
How fast is ixigo growing in India?
ixigo reported Q1 FY27 revenue from operations up 13% to ₹356.75 Cr, with GTV of ₹5,524 Cr, according to Inc42 in October 2026. Its adjusted EBITDA fell 7% YoY to ₹29 Cr.[2] source: Inc42
What is ixigo's current strategy in India?
ixigo launched 'ixigo for work' with corporate fares on domestic flights in October 2026.[1] source: MediaBrief It is reinvesting operating leverage from trains, flights and buses into hotels, AI and brand building, per Inc42 in October 2026.[2] source: Inc42 It ran a World Tourism Day getaway campaign in September 2026.[8] source: ET BrandEquity
More stories about ixigo
- ixigo Q1 FY27 profit rises 81% YoY to ₹34.2 crore as revenue grows 13%
- Ixigo bets on voice AI to power travel payments with TARA assistant
Stories that mention ixigo
6 stories
ixigo is named in these stories but is not their subject.
- Festival airfares rise as domestic seat capacity drops 5.3%
- IRCTC says third-party apps drive 28% of online rail-ticket bookings
- Uber Adds Train Ticket Booking in India Through ixigo Partnership
- Jefferies retains TBO Tek Buy, sees 18% upside on hotel-led growth
- Elevation Capital realises nearly Rs 6,000 crore from startup IPOs and stake sales
- PayU posts first operational profit of $18M in FY26, captures 25% of India online payments