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Founded in 2006, Le Travenues Technology Limited is an online travel agency (OTA) that allows travelers to book train, flight, and bus tickets and hotels, through its"ixigo"platform.
The company sold 46,264 shares in Freshbus Private Limited for ₹36.6 Cr (₹7,911/share). This reduces its stake from 25.66% to 8.27%, meaning Freshbus is no longer an associate company. Freshbus previously contributed a (₹11.22 Cr) loss.
IXIGO's board approved an investment of €219,200 in its wholly-owned subsidiary, IXIGO PTE. Subsequently, IXIGO PTE approved an optionally convertible loan of €219,200 to associate Sqaas, which may convert to equity later.
Le Travenues Technology's Nomination and Remuneration Committee has approved the grant of 507,884 employee stock options across its various ESOP schemes. The options are granted at an exercise price of ₹93 per option. These options will vest over four years in annual installments of 25% each and can be exercised...
Le Travenues Technology's Nomination and Remuneration Committee has approved the grant of 32,708 employee stock options under its ESOS 2016 and ESOS 2021 schemes. These options, priced at ₹93 each, will vest over four years in equal 25% annual installments. Upon vesting and exercise, these will convert into equity shares....
ixigo launched a new AI-native travel app, rebuilding its platform from the ground up. The app features a reinvented TARA as a multimodal AI assistant for planning and booking. It also introduces Trip Mode for post-booking assistance and Agentic Travel Flows with AI agents to proactively help travelers.