ixigo bets ₹1,295 Cr raise on agentic AI overhaul as TARA fields 150K calls

Listed OTA ixigo is rebuilding its app around agentic AI assistant TARA, deploying it across bookings, filters and support. Q-revenue hit ₹317.56 Cr (+31% YoY) on a $2 Bn ticket sales run rate, with air (+49%) and bus (+47%) leading. Part of the ₹1,295.56 Cr preferential raise is earmarked for AI buys like SqaaS.

— Source publishedWed, 20 May, 2026, 18:45 IST·First seen Wed, 20 May, 2026, 18:49 IST·Source Inc42

What happened

Listed Indian OTA ixigo is rebuilding its app around an agentic AI assistant TARA to handle bookings, filters and customer support, allocating part of its

Key facts

  • $2 Bn annual ticket sales run rate
  • Revenue ₹317.56 Cr (+31% YoY)
  • Adjusted EBITDA ₹30.78 Cr (+27% YoY)
  • Air ticketing ₹102.39 Cr (+49% YoY)
  • Bus revenue ₹75.57 Cr (+47% YoY)
  • Preferential raise ₹1,295.56 Cr
  • 150,000 AI-handled calls
  • 600 employees

Why this matters

The earmark for SqaaS-style AI buys signals ixigo will consolidate agentic capabilities inorganically—watch for tuck-ins across travel-AI tooling and vertical assistants.

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