Le Travenues Technology Ltd., the company behind the popular travel platform Ixigo, has launched its much-anticipated initial public offering (IPO) today, June 10th. This subscription closes on June 12th. Let’s dive deep into everything you need to know to make an informed decision.
Ixigo is a major player in the Indian travel tech scene, boasting the top spot in online travel agency (OTA) rail ticket distribution with a commanding 51% market share (as of March 31, 2023). This leadership position is a strong indicator of their ability to cater to the travel needs of the Indian market.
Pre-IPO Boost: Backing from Industry Titans
Ixigo’s pre-IPO phase saw them secure a…
