New Delhi, Feb 20: India's leading travel marketplace, Ixigo, has been named the 3rd fastest growing travel and leisure company in Asia-Pacific.
The Financial Times, UK. FT and Statista, a statistics, market research and business intelligence portal, has recently come out with the FT 1000 High-Growth Companies Asia-Pacific list for 2018.
In this list, Ixigo is ranked 39th position.
There are a few other Indian companies who made it to the top 50.
Ixigo received this high rank after a growth of 1,292 percent of its revenue between the year 2013 and 2016. The company was found to be maintaining a staggering CAGR rate of 140.6 percent per year.
The Financial Times and Statista has conducted this extensive study from August to November 2017.
The study has recognised 1000 high growth companies across the most developed markets including Australia, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Singapore and South Korea.
CEO and Co-Founder of Ixigo said, "It is an honour to be ranked so highly amongst the fastest growing companies in Asia-Pacific. We have been at the forefront of travel technology innovation with our voice-based travel assistant, flight fare prediction, a fully automated web check-in, and train PNR prediction for waitlisted train tickets and more."
He further added that "we owe this rapid growth and recognition to the love of our users, who have helped us grow at a rate of 150 per cent year on year, and recently helped us cross over 13 Million Monthly Active Users."
Certain other notable Indian startups have also been enlisted with even higher rankings besides Ixigo. They include Furlenco (9th), Delhivery (44th), Zomato (49th), Paytm (114th) and Infibeam (418th).