Confirmtkt’s existing investors, including Venture Catalysts, will be exiting the company fully
The combined entity is said to have a scale of 35 Mn monthly active users
In December, Ixigo cofounder Aloke Bajpai said around 1.5 Mn people are travelling every day with reserved train bookings
![Ixigo Acquires Confirmtkt To Fulfill Post-Covid Train Travel Demand 2 - Travel Startups ixigo has acquired confirmtkt](https://traveltrade.xyz/wp-content/uploads/2021/02/Ixigo-Acquires-Confirmtkt-To-Fulfill-Post-Covid-Train-Travel-Demand.jpg)
Online travel and ticketing company Ixigo has announced the acquisition of train discovery and booking startup Confirmtkt. The two companies have entered into a definitive share purchase agreement, which would see Ixigo acquire 100% stake in the Bengaluru-based platform.
While the terms of the deal were not disclosed, the transaction would be a through mix of cash and Ixigo stock. Aloke Bajpai and Rajnish Kumar, the founders of Ixigo will join the…