Travel tech platform Ixigo's parent Le Travenues Technology has notified exchanges about a possible stake purchase by an investor whose name has not been made public.
The investor will acquire not more than 16 percent stake in Le Travenues either by itself or through its affiliates, the company told exchanges on October 7.
"In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (“Listing Regulations”) and further to the disclosure made by the Company under Regulation 29 of the Listing Regulations dated October 07, 2025, we hereby submit the following disclosure received from a potential investor and request dissemination of the information under applicable laws including Regulation 30 of the SEBI (LODR) Regulations, 2015," the company statement read.
No definitive agreements or binding arrangements for acquisitions have been executed so far.
On October 7, Le Travenues Technology stock ended 0.2 percent lower on Bombay Stock Exchange (BSE).
The company's June quarter revenue rose by 73 percent year on year (YoY) to Rs 314 crore and the net profit by 27.7 percent to Rs 18.9 crore.
Its gross transaction value (GTV) rose to Rs 4,644.66 crore, up 55 percent.
Flight and bus GTV each grew 81 percent and train GTV 30 percent in Q1, underpinned by strong domestic travel demand.
GTV has clocked a CAGR of 83.7 percent over the last six years. The management is confident of sustaining a GTV growth of over 40 percent for the full year.
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