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New Issue Monitor


(07 Jun 2024, 13:57)

Le Travenues Technology (ixigo)

OTA with localized content

To fund working capital and investment in cloud infrastructure

CM RATING 40 / 100
Reckoner

Le Travenues Technology (ixigo) is a technology company empowering Indian travelers to plan, book and manage their trips across rail, air, buses, and hotels. The company assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on its online travel agency (OTA) platforms, comprising websites and mobile applications. The OTA platforms allow travelers to book train tickets, flight tickets, bus tickets, and hotels.

ixigo is the OTA for the ‘next billion users’, with its focus on localized content. The apps aim at solving problems of Tier II and III travelers. As of 31 December 2023, there were 213.21 million registered users, i.e., users who had provided th...



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