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videos | IST

Startup Street: SpiceJet acqui-hires Bengaluru based Travenues' team and technology

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SpiceJet today announced that it has acqui-hired the team and technology of Travenues, a Bengaluru based airline technology company that built several innovative products for airline e-commerce.

SpiceJet today announced that it has acqui-hired the team and technology of Travenues, a Bengaluru based airline technology company that built several innovative products for airline e-commerce.
Acqui-hiring is a concept where the employees of a company are recruited or bought out by another for their skills, as opposed to gaining the control of its products or services.
Founded in 2019 and headquartered in Bengaluru, Travenues is a wholly-owned subsidiary of AI-based travel app Ixigo. To know more about what this partnership means, Startup Street spoke to Ashish Vikram, chief technology and innovation officer of SpiceJet & Aloke Bajpai, co-founder & CEO of Ixigo.
Watch the video for more