Akshata Sharma
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ixigo Co-founder and CEO Aloke Bajpai took to X to share pictures showing the travel booking platform's journey as the company made its stock market debut on Tuesday.
"How it started... How it's going," Bajpai wrote along with the pictures.
Bajpai founded ixigo with Rajnish Kumar in 2007. Its shares made a remarkable debut on the stock market.
On Tuesday, the shares were listed at a premium of 48.5% to its IPO price of Rs 93, starting at Rs 138.20.
The excitement didn't stop there; the stock later surged to hit the 20% upper circuit at Rs 161.99 on the BSE.
Founded by Aloke Bajpai and Rajnish Kumar, Ixigo has become a go-to platform for travel bookings in India. The founders' journey has been anything but smooth.
In a recent interview with ET, they shared their experiences of pivoting multiple times and coming close to bankruptcy.
"We have pivoted multiple times and have been close to bankruptcy," said Bajpai.
Kumar added, "Each pivot was a learning experience. We learned what works and what doesn't, and we kept moving forward." This adaptive approach has helped Ixigo stay relevant and grow in a competitive market.
The strong debut on the stock exchange is not just a financial milestone but also a testament to the hard work and strategic vision of the Ixigo team.
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