Le Travenues Technology Limited: History, Milestones, Latest Updates, Subsidiaries and  Share Price

INTRODUCTION

Le Travenues Technology Ltd, the parent company behind the popular travel platform Ixigo, has emerged as a key player in India's digital travel ecosystem. Established in 2007 by visionaries Aloke Bajpai and Rajnish Kumar, the company was built with a mission to make travel more accessible and efficient for Indian consumers. What began as a travel search and comparison tool has evolved into a full-service platform that assists users with booking trains, flights, buses, and hotels—often catering to budget travelers from Tier II and Tier III cities.

In this article, we delve into the remarkable journey of Le Travenues Technology Ltd. We'll explore the company’s origins, notable achievements, and recent developments, while also shedding light on its subsidiary ventures and stock market journey. Whether you're an investor monitoring the Ixigo share price or someone interested in the growth of Indian travel tech, this guide provides a detailed look into the company’s evolution and current standing.

Le Travenues Technology Limited moves in 2025

• Ixigo’s Q4 FY25 revenue surged 72% YoY to Rs. 284 crore, with profit soaring 128% to Rs. 17 crore.

• Gross Transaction Value grew by 65% YoY to Rs. 4,418 crore, driven by strong travel bookings.

• Ixigo clocked Rs. 914 crore in FY25 revenue, while net profit dipped to Rs. 60.18 crore amid increased investments.

• Ixigo suspended bookings to Turkey, China, and Azerbaijan as part of "Operation Sindoor."

• The company deepened its partnership with Amadeus to expand flight content offerings.

• Ixigo share price surged by 8% to Rs. 180 after its strong Q4 results, showing investor confidence.

Evolution of Le Travenues Technology Limited: From Past to Present:

Past:

Le Travenues Technology Ltd, the parent company of Ixigo, was founded in 2007 with the aim of simplifying travel planning for Indian users. Initially launched as a travel meta-search platform, Ixigo focused on comparing flight and train bookings. Over time, it expanded into hotel, bus, and package bookings, carving a niche in the competitive online travel industry through user-friendly features and regional language support.

Present: 

Today, Le Travenues Technology Ltd has evolved into a full-stack, AI-powered travel platform serving millions of users. With strong offerings across trains, flights, and buses, the company has seen rapid growth in both revenue and user base. Its successful IPO in 2024 and continued innovations in mobile technology have made Ixigo one of India’s leading travel brands, with Ixigo share price reflecting strong investor confidence in 2025.

Timeline of Le Travenues Technology Limited:

Inside the Le Travenues Technology Ltd and its Subsidiaries:  

Corporate actions: As of May 22, 2025, the Ixigo share price stands at Rs. 175.52.

Main News: 

• March 2025: During the Maha Kumbh Mela 2025, Ixigo observed a significant surge in travel bookings to Prayagraj. Flight bookings increased by 5.4 times, train bookings quadrupled, and bus travel soared 20-fold compared to the previous year. Notably, Gen Z and solo travelers were major contributors to this spike. 

• 19 May 2025: Ixigo's Monthly Transacting Users (MTUs) increased by 36% year-on-year to 3.34 million in FY25. The annual spend per transacting user rose to Rs. 9,716, up from Rs. 8,539 in FY24, indicating enhanced user engagement and platform utilization.

• 19 May 2025: Elevation Capital sold over 21.5 lakh shares of Ixigo at Rs. 178 each in a block deal worth Rs. 38.27 crore. Despite this sale, Elevation Capital remains a significant stakeholder, holding a 14.02% stake as of March 2025. 

• 19 May 2025: Ixigo reported a 72% year-on-year increase in Q4 FY25 revenue, reaching Rs. 284 crore. The company's net profit surged 128% to Rs. 17 crore, marking its most robust quarterly performance to date. Gross Transaction Value (GTV) rose 65% to Rs. 4,418 crore, driven by significant growth in flight and bus bookings. 

Current Ixigo Share Price NSE

Achievements and Milestones:

CONCLUSION

In conclusion, Le Travenues Technology Limited, the force behind ixigo, has demonstrated a remarkable journey from a travel search engine to a full-fledged AI-driven travel ecosystem. With a stronghold in Tier II and Tier III markets, strategic acquisitions, continuous innovation, and an impressive financial performance, ixigo has solidified its place among India's top travel tech platforms. As the company continues to expand its offerings and user base, the ixigo share price serves as a valuable barometer of investor confidence and market performance, making it a key metric to watch for both existing and potential stakeholders. 

For the latest updates on Ixigo share price and market movements, visit Enrich Money, which provides an intuitive stock market app paired with a demat account that comes with zero annual maintenance charges.

Frequently Asked Questions:

1. Is Ixigo share price considered overvalued?

With a Price-to-Earnings (PE) ratio of 107.97, the Ixigo share price appears to be overvalued relative to its earnings. Investors can use valuation tools to assess whether the current price of Rs 175.52 justifies its financial performance.

2. Where can I check the Ixigo share price and updates?

Visit Enrich Money’s stock analysis page for real-time Ixigo share price and performance insights.

3. What impact does Ixigo’s sales growth have on the Ixigo share price?

Ixigo has reported a sales growth of 30.24%, which shows strong business expansion and can positively influence the Ixigo share price over time if the trend continues.

4. How does market sentiment affect the Ixigo share price?

Market sentiment, driven by news, investor perception, and industry trends, can cause fluctuations in the Ixigo share price even if the company’s fundamentals remain unchanged.

5. What has been the highest and lowest Ixigo share price in the past 52 weeks?

The Ixigo share price’s 52-week high is Rs 197.50, and the 52-week low is Rs 117.00.

 

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