Rakuten India partners with InterGlobe Technology Quotient to develop travel technology solutions

Earlier in September, Phocuswright published its Total India Market Report, which provides a comprehensive view of the Indian travel market, including detailed market sizes and projections, distribution trends, analysis of major travel segments, and developments. key code. Below, PhocusWire dives into Rakuten India and InterGlobe Technology Quotient.

Rakuten India, the technology hub of the Rakuten Group, has signed a memorandum of understanding (MOU) with InterGlobe Technology Quotient, a business unit of InterGlobe Enterprises based in India that specializes in travel technology.

The “collaboration agreement” is the first of its kind between Rakuten India and ITQ. Rakuten says it will be a technology partner with ITQ to help create innovative travel products and solutions using artificial intelligence, virtual and augmented reality, blockchain and the Internet of Things.

“A post-pandemic world of travel presents new opportunities and demands new ideas,” says Sandeep Dwivedi, ITQ COO.

“By teaming up with a deep tech leader like Rakuten,” says Dwivedi, “we have a tremendous opportunity to develop and bring to market innovative and game-changing solutions that address some of the most pressing needs in our industry today.”

ITQ and Rakuten will jointly distribute Rakuten SixthSense, a SaaS platform. ITQ says it has more than 13,000 clients, including travel management companies, online travel agencies and retail agencies in almost 400 cities.

Sunil Gopinath, CEO and Managing Director of Rakuten India, says the partnership is “a unique opportunity for us to not only flex our deep tech solutions muscle, but also to bring our B2B product, SixthSense, to the global travel industry.” general”.

India Travel Market Report 2021-2025

This report provides a comprehensive view of the India travel market, including detailed market size and projections, distribution trends, analysis of major travel segments, key developments, and more.

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