IPO-bound ixigo acquires inter-city bus ticketing platform AbhiBus
Image Credit: Inc42
Ahead of its initial public offering later this year, Gurugram-based online travel aggregator ixigo has acquired Hyderabad-based bus ticketing and aggregation platform AbhiBus. Following the cash and stock deal, the Abhibus team led by its founder Sudhakar Reddy Chirra will join ixigo, and all intellectual property, brands, technology and operations are being transferred to the OTA.