LE Travenues Technology Ltd. Company History and Annual Growth Details

Our Company was incorporated on June 3, 2006 as a private limited company under the Companies Act 1956, with the name “Le Travenues Technology Private Limited”, pursuant to a certificate of incorporation granted by the Registrar of Companies. Pursuant to the conversion of our Company to a public limited company and as approved by our Shareholders pursuant to a special resolution dated July 29, 2021, the name of our Company was changed to “Le Travenues Technology Limited” and the Registrar of Companies issued a fresh certificate of incorporation on August 3, 2021.

Major events and milestones:

2007

-Launched meta-search website for flights

2008

-Launched meta-search website for hotels

2011

-Launched ixigo flights app

2012

-Launched a trip planner

2013

-Launched the ixigo-trains mobile application for android

2014

-Launched our first train utility features on the ixigo-trains mobile application

2017

-Launched train bookings

-Unveiled TARA, an artificial intelligence driven personal travel assistant

-Launched ‘ixigo money’

-Launched bus bookings

2019

-Transition from meta-search model to OTA model

2020

-Launched ‘ixigo assured’

-Started a help center and launched an updated version of TARA

2021

-Acquired 83.68% of the issued, subscribed and paid-up equity share capital of our erstwhile subsidiary

-Acquired the business of AbhiBus on a slump sale basis

2022

-Acquired additional 6.40% of the issued, subscribed and paid-up equity share capital of our erstwhile subsidiary

-Acquired 53.22% of the issued, subscribed and paid-up equity share capital of FreshBus

2023

-Launched co-branded travel credit card in association with AU Small Finance Bank

-Launched ‘ixigo assured’ for international travel

-Launched ‘ixigo plan’ generative AI trip planner

-Launched hotel bookings on our website

-Launched ‘ixigo assured flex’ for flights and train

2024

Amalgamation between our Company and our erstwhile subsidiary