About Company – ixigo

Le Travenues Technology Limited was incorporated in June 2006, commonly known as “IXIGO”, and focuses on enabling Indian travellers to plan, book and manage their rail, air, coach and hotel travel. Travellers can book train, flight, bus, and hotel tickets through the company’s OTA platforms. At the same time, the company offers useful travel tools and services developed using its algorithms and information from the internet. These include PNR status and confirmation predictions for trains, seat availability alerts, train status updates and delay predictions, alternative route or transportation planning, flight status updates, automatic web check-in, the status of buses, price and availability alerts, deal discovery, destination content, personalised recommendations, instant price alerts for flights, AI-based travel planning service and automated customer service.

The “Next Billion Users” refers to an existing and expected market of ‘new internet users’, which includes all demand outside the Tier-I market, i.e. all travel demand originating and ending in Tier-II, Tier-III and rural India, as well as the ‘new internet users’ from the middle and lower income groups of Tier-I cities.

The company benefits from the experience of its management team, which has extensive knowledge of the travel industry and relevant technical qualifications and experience. Management’s expertise, industry relationships and experience in identifying, evaluating and capitalising on organic and inorganic growth opportunities enable us to grow organically through strategic acquisitions and partnerships that complement or expand the existing business.

ixigo IPO Strengths

• Leading online travel agency (“OTA”), with significant penetration in the underserved ‘Next Billion User’ market segment.
• Artificial intelligence (“AI”) and technology driven operations .
• Established consumer travel brands built with user-first approach .
• Diversified business model with significant operating leverage and organic flywheel .
• Experienced management team with lean organization structure .