Le Travenues Technology Limited
148.99
INR
+0.51
(+0.34%)
ISIN
INE0HV901016
Return %
Stock
S&P 500
1Y
-54.55
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- Sector
- Technology services
- Industry
- Internet software/Services
- Address
- Gurugram India
- IPO Date
- Jun 18, 2024
- Website
- ixigo.com
- Similar Companies
- Business
- Le Travenues Technology Limited is an India-based technology and online travel agency company that develops and operates artificial intelligence-driven platforms for travel planning, booking, and management. Founded in 2006 and headquartered in Gurugram, Haryana, India, the company primarily serves the Indian transportation and tourism market with a strategic focus on travelers in Tier 2, Tier 3, and Tier 4 cities, while extending its presence into international markets including Europe. The company operates across multiple travel verticals, including rail, bus, airline ticketing, and hotel accommodations. The company delivers its core solutions through a proprietary multi-brand ecosystem consisting of ixigo, ConfirmTkt, and AbhiBus. Its systematic products and services encompass rail booking and utility solutions via ixigo trains and ConfirmTkt, featuring train ticket reservations, waitlist confirmation probability predictions, passenger name record (PNR) status tracking, seat availability alerts, station delay predictions, and live train running status; airline ticketing services via ixigo flights, providing domestic and international flight search, real-time fare comparisons, automated web check-in, and fare alert tools; bus booking and operator management solutions via AbhiBus, delivering intercity bus ticketing, private and state road transport inventory aggregation, and live GPS route tracking; hospitality services offering standard hotel reservations and short-stay micro-accommodations; and transit-related utility services, comprising in-train food delivery aggregation via Zoop, automated customer support assistants, and algorithmic itinerary planning tools. In recent corporate developments, Le Travenues Technology completed its initial public offering in June 2024, listing on the National Stock Exchange of India and the Bombay Stock Exchange. The company has executed several strategic acquisitions and corporate actions to expand its operational capabilities and geographic footprint. In late 2024, it acquired a majority stake in Zoop Web Services Private Limited, an authorized IRCTC e-catering partner, integrating delivery-to-seat meal services into its rail platforms. In 2026, the company entered the European rail market by acquiring a 60% majority interest in Spain-based ticketing platform Online Travel Solutions, S.L. (operating Trenes.com) alongside a minority stake in technology services provider Squad As Service, S.L. The company also strengthened its lodging operations by approving the acquisition of a majority stake in Brevistay Hospitality Private Limited to expand hourly hotel bookings. In mid-2026, it realigned its strategic investments by divesting a majority of its holding in electric bus operator FreshBus, reducing its ownership to a minority position. Concurrently, the company expanded its feature offerings with the rollout of travel protection and pricing utility products, including Price Lock options for flight bookings, comprehensive travel guarantee programs, and upgraded flight tracking utilities.