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ixigo rolls out pan-India airport cab service
Platform targets first- and last-mile airport travel across 100 plus cities
GURUGRAM: ixigo has launched a pan-India airport cab booking service, stepping into the crowded last-mile mobility market as it looks to deepen engagement beyond flight and rail bookings.
Branded Airport Cabs, the service allows users to pre-book rides to and from major airports via the ixigo app and website, with an emphasis on on-time pickups and zero last-minute cancellations. Bookings can be scheduled up to 90 days in advance across more than 100 cities.
The platform is offering introductory discounts, including 50 per cent off up to Rs 200 for first-time cab users and 20 per cent off up to Rs 100 for repeat customers. Fares are all-inclusive, covering tolls, airport entry charges, state taxes and driver allowance, with prices dynamically linked to city, date and time.
Users can choose from multiple vehicle categories: hatchbacks, sedans, SUVs and MPVs, luxury cars, and electric or CNG options. The service includes 30 minutes of free waiting time, free cancellation up to 30 minutes before pickup, and a 24/7 SOS feature for emergencies.
ixigo group co-CEO Rajnish Kumar, said airport transfers were a natural extension of the company’s flights business, adding that the platform had partnered with cab operators nationwide to reduce friction at the start and end of journeys.
The move strengthens ixigo’s push to position itself as a full-stack travel platform, bundling transport, accommodation and mobility for India’s fast-growing base of digital-first travellers.
Brands
UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death
The adult video platform is seeking stability after the death of its billionaire owner
LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).
The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.
The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.
The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.
The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.
OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.
