What we do Le Travenues Technology Ltd operates India's leading AI-driven travel platforms, enabling booking and management of train, flight, bus, and hotel travel with smart utilities. |
Founded in 2,006 |
Market share A top OTA platform in India with 544 million annual active users, leading in train, flight, and bus bookings with rapid growth. |
Problem solved Simplifies travel planning and booking across multiple transport modes and hotels with AI tools offering real-time updates and customer support. |
Top clients or who we serve B2C customers across India including Tier II/III cities, targeting next billion users with services for trains, flights, buses, and hotels. |
Key management Mr. Aloke Bajpai (Chairman & CEO, IIT Kanpur alumnus), Mr. Rajnish Kumar (Co-CEO, IIT Kanpur alumnus), Mr. Saurabh Devendra Singh (CFO, IIM Ahmedabad alumnus). |
Our journey and innovations Founded in 2006, evolved from flight meta-search to multi-modal booking with AI innovations, acquisitions of ConfirmTkt and AbhiBus, and launching credit and AI trip planner. |
Where we operate India-wide with deep penetration in metro and Tier II/III markets; expanding hotel OTA and ancillary services nationally. |
Top products or what we offer Flagship offerings include ixigo trains, flights, buses and hotels booking platforms, AI travel assistant TARA, ixigo assured services, and travel credit card. |
Top brands ixigo Flights, ixigo Trains (market leader in train booking), AbhiBus (bus bookings), ConfirmTkt, ixigo Assured, ixigo Plan AI trip planner. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily recurring from bookings and ancillary services across travel segments, supported by consumer repeat usage. |
Our industry position One of India’s largest OTA players with diversified segments and fastest growing revenue, strong market shares in trains, flights, and buses. |
Financial highlights FY25 revenue Rs 914 crore, profit after tax Rs 60 crore, 40% revenue growth year-over-year, strong EBITDA growth, listed in 2024 IPO. |
Geographical revenue split Revenue predominantly from India; deep regional reach including metros and Tier II/III cities. |
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Whats driving growth Growth driven by rising online travel penetration, AI-enabled customer experience, multi-modal integration, acquisitions and new product launches. |
Our future plans Expand hotel OTA business, increase AI innovation, broaden ancillary services, deepen regional market penetration, and grow B2B business through Travel Super Mall. |
Our green promise - |
Our people and values Focus on customer obsession, innovation, diversity and inclusive culture powering AI driven travel solutions; active employee stock option programs. |
Key challenges ahead Managing competitive pressures, macroeconomic disruptions, integration of acquisitions, and sustaining technology leadership in fast-changing travel sector. |
Interesting facts Launched India’s first AI-driven travel credit card; serves over 544 million annual active users; offers unique AI-based refund and ticket flexibility products. |
Risks and strategy Risks from travel disruptions and tech changes mitigated via AI customer support, diversified offerings, and continuous innovation. |
