'Doubling Down On AI and Hotels,' Co-founder Alok Bajpai on Iran War, AI Spends & Revenue Outlook

By NDTV Profit

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Ixigo Q1 revenue grew ~13% YoY, but margins were under pressure at around 6%, as the company continues to invest operating leverage from its core OTA business into hotels and AI. Hotels continue to remain a key growth bet. Management believes the Indian online hotel market is still significantly underpenetrated, especially in the 3-star-and-below, mid-market and budget segments, where online penetration is below 10% in parts of the market. to know more watch the interview now! #ixigo #ixigoq1 #ixigoresults #earnings #ndtvprofit For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVProfit LinkedIn: https://www.linkedin.com/company/ndtvprofit Instagram: https://www.instagram.com/ndtvprofit/

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