Ixigo

AI helping ixigo to build travel tech for the next billion Indians

Ixigo's AI-driven trip-planning tool, 'PLAN', has crafted over 282,700 personalised itineraries, engaging more than 1.5 million users since its launch last year

ixigo share falls 5% amid profit booking post healthy Sept qtr results

The drop in ixigo share price came after the company saw profit booking after posting a healthy set of September quarter of financial year 2025 (Q2FY25) results.

ixigo share price surges 5% after bus business inks deal with FlixBus

ixigo arm, AbhiBus, entered into a pact with Europe's largest intercity bus service, FlixBus, and plans to provide high-quality, yet affordable bus services

Revenue a second order effect over customer experience: Ixigo CEO

Online travel aggregator sets sights on doubling flight segment share and outpacing market growth

ixigo stock jumps 5% on healthy June quarter performance; profit zooms 78%

The uptick in the share price came on the back of strong June quarter (Q1FY25) results.

Ixigo, PhonePe extend partnership to offer flight, bus booking services

Travel booking platform ixigo on Monday announced that it has expanded its exclusive partnership with PhonePe to offer flight and bus bookings on the fintech platform's app. The two companies had joined hands to offer booking services for trains. The expanded partnership will enable over 54 crore PhonePe users to experience more comprehensive travel booking and utility services for flights, trains and buses, ixigo said. As part of the collaboration, ixigo will exclusively power these travel booking options on PhonePe, integrating services from ixigo flights for flight bookings, AbhiBus for bus bookings as well as expanding its prior partnership with ConfirmTkt for train bookings, it said. "This collaboration will particularly benefit travellers from tier-II/III cities, leveraging the platform's products and offerings for the next billion users and PhonePe's growing penetration in smaller towns and its fintech expertise," ixigo Group CEO Aloke Bajpai said. Along with simpler paymen

ixigo IPO to put spotlight on Easy Trip, Yatra; Are they worth your money?

ixigo share price: Analysts caution against chasing the momentum in the online travel agencies, given the cyclical nature of the travel industry

ixigo-parent Le Travenues Technology lists at 78% premium over issue price

The stellar debut follows nearly 100x demand for shares of Ixigo during its Rs 740-crore initial public offering (IPO) that concluded last week

ixigo shares extend rally, zoom 112% against issue price on FII buying

Nomura Funds Ireland Public Limited Company purchased 4.55 million shares, while The Nomura Trust And Banking Co. Ltd as the Trustee Of Nomura Indian Stock Mother Fund bought 2.15 million shares

ixigo IPO: Shares to list tomorrow, June 18, on NSE, BSE; what's GMP today?

ixigo IPO listing: Given the strong demand indicated by the oversubscription, the grey market premium (GMP) for ixigo shares as of June 17, 2024, stands at Rs 29

Ixigo IPO share allotment today: How to check status and latest GMP

Ixigo IPO allotment will be finalised on June 13, listing is scheduled for June 18. The IPO received nearly nearly 98.34 times subscription

Rs 740-cr IPO of ixigo parent Le Travenues Technology subscribed 98.1 times

The initial public offer of Le Travenues Technology, which operates travel booking platform ixigo, got subscribed 98.10 times on the closing day of subscription on Wednesday. The Rs 740-crore initial share sale received bids for 4,29,36,34,618 shares against 4,37,69,494 shares on offer, as per NSE data. The quota for non-institutional investors fetched 110.25 times subscription while the portion for Qualified Institutional Buyers (QIBs) got subscribed 106.73 times. The category for Retail Individual Investors (RIIs) received 53.95 times subscription. The initial public offering (IPO) of Le Travenues Technology got subscribed 1.95 times on the first day of subscription on Monday. The IPO has a fresh issue of up to Rs 120 crore and an offer for sale (OFS) of up to 6,66,77,674 equity shares. Proceeds worth Rs 45 crore from the fresh issue will be used to fund the company's working capital requirements and Rs 26 crore will be utilised for investments in technology as well as data scie

Ixigo's parent co garners Rs 333 cr from anchor investors ahead of IPO

Le Travenues Technology Ltd, which operates travel booking platform ixigo, on Friday said it has mobilised Rs 333 crore from anchor investors ahead of launch of its initial share sale for public subscription. The anchor investors who have been allotted shares are the Government of Singapore, Morgan Stanley, WhiteOak Capital, Bay Capital India Find, Tata Investment Corporation, Bajaj Allianz Life Insurance Company, SBI Mutual Fund and HDFC Mutual Fund, according to a circular uploaded on BSE website. Overall, the company has allotted 3.58 crore equity shares to 23 funds at Rs 93 apiece, aggregating to Rs 333 crore, it added. The issue, with a price band of Rs 88 to Rs 93 per share, will open on June 10 and conclude on June 12. The Rs 740-crore IPO of the Gurugram-based company is a combination of a fresh issue of equity shares worth Rs 120 crore and an Offer For Sale (OFS) of 6.66 crore equity shares to the tune of Rs 620 crore, at the upper end of the price band, by existing ...

Ixigo's parent firm says investors sell shares worth Rs 176 cr in pre-IPO

Le Travenues Technology Ltd, which operates travel booking platform ixigo, on Friday said its existing sharehoders have completed the sale of equities worth a little over Rs 176 crore in a pre-IPO round. Those who picked up shares are Ashoka India Equity Investment Trust Plc, Tata Multi Asset Opportunities Fund, Tata Digital India Fund, Bay Capital Holdings and Steadview Capital Mauritius, ixigo co-founders Aloke Bajpai and Rajnish Kumar told PTI in an interaction. The travel aggregator's certain shareholders -- SAIF Partners India IV Ltd, Peak XV Partners Investments V (formerly known as SCI Investments V), Micromax Informatics Ltd, and Catalyst Trusteeship Ltd -- collectively sold 1.89 crore shares to these institutional investors on June 6 at Rs 93 apiece, which is also the upper end of the price band for the company's Rs 740-crore IPO. At this price, the total transaction is pegged at Rs 176.2 crore. This pre-IPO round has been completed just before the anchor round that opens o

Travel portal ixigo's parent looking to raise up to Rs 740 cr via IPO

Le Travenues Technology Ltd, which operates travel booking platform ixigo, is looking to raise up to Rs 740 crore through its initial share-sale opening for public subscription on June 10. The issue, with a price band of Rs 88 to Rs 93 per share, will conclude on June 12 and bids for anchor investors will open for a day on June 7, the company announced. The Gurugram-based company's Initial Public Offering (IPO) is a combination of fresh issue of equity shares worth Rs 120 crore and an Offer For Sale (OFS) of 6.66 crore equity shares to the tune of Rs 620 crore, at the upper end of the price band, by existing shareholders. This translates into public issue size of Rs 740 crore. Under the OFS, SAIF Partners India IV Ltd, Peak XV Partners Investments V (formerly known as SCI Investments V), Micromax Informatics Ltd, Placid Holdings, Catalyst Trusteeship Ltd, Madison India Capital HC, Aloke Bajpai and Rajnish Kumar will be selling shares. Proceeds worth Rs 45 crore from the fresh issue

Ixigo's parent firm, Bansal Wire Industries get Sebi's nod to float IPO

Le Travenues Technology Ltd, which operates the travel booking platform ixigo, and steel wire manufacturer Bansal Wire Industries have received Sebi's go-ahead to raise funds through Initial Public Offering (IPOs), an update with the markets regulator showed on Wednesday. The two companies, which filed their preliminary IPO papers with Sebi in February and March, obtained their observations during May 14-17. In Sebi's parlance, obtaining observations means the regulator's go-ahead to float public issue. The Gurugram-based Le Travenues Technology's proposed IPO will be a combination of a fresh issue of equity shares worth Rs 120 crore and an Offer For Sale (OFS) of 6.66 crore equity shares by existing shareholders, according to the Draft Red Herring Prospectus (DRHP). SAIF Partners India IV Ltd, Peak XV Partners Investments V (formerly known as SCI Investments V), Micromax Informatics Ltd, Placid Holdings, Catalyst Trusteeship Ltd, Madison India Capital HC, Aloke Bajpai and Rajnish

Flights cancelled, airfares jump 52-171% as rainfall batters Chennai

Domestic carriers have offered a fee waiver on flight cancellations or rescheduling of the impacted flights to their passengers

Festival season gains momentum, leads to surge in airfares, hotel tariffs

Travel firms have also noticed a shift in the Visiting Friends and Relatives (VFR) trend usually seen during festivals

DGCA approves wet lease for domestic carriers to meet festive season demand

IndiGo and SpiceJet are likely to wet-lease 20 aircraft. While IndiGo will source 11 Airbus A320 aircraft from SmartLynx Airline, SpiceJet will induct nine Boeing 737Max aircraft from Corendon Airline

Airfares on Holi high: Travel firms witness a rise in advance bookings

The increased demand has reflected in higher fares on popular routes during March 6-12 (Holi week) compared to February 6-12