Other Private Equity/Strategic Investments
IT infra co Netcon invests in travel-tech startup Nikitek
Bengaluru-based IT Services firm Netcon Technologies has invested in Nikitek, a Pune-based travel tech startup. Zaikenn Technologies and 99 Million Partners were advisors for the deal.Nikitek has designed and developed what is claimed to be India’s first electronic baggage tag – godigitag – a digital technology solution that replaces the paper bag-tag with a digital bag tag. Nikitek plans to use the capital for technology enhancements, go-to-market plans, and value-added services integrations.
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