Le Travenues Technology Private Limited is an Indian technology company that provides travel technology solutions to the travel industry. It was founded in 2008 and is headquartered in Bangalore, India.
The company's flagship product is Ixigo, which is a travel search and planning website and app that allows users to search for flights, hotels, trains, and buses. Ixigo offers various features like fare alerts, PNR prediction, and train running status. The platform has gained popularity in India due to its user-friendly interface and innovative features.
Le Travenues has also developed several other travel-related products, including a white-label platform for airlines and travel agencies to power their own travel booking websites, a B2B platform for travel agents, and a travel expense management system for businesses. The company has received funding from various investors, including Sequoia Capital India, Fosun RZ Capital, and MakeMyTrip.
| LE Travenues Outstanding Shares: | 36,97,50,000 |
| Face Value of LE Travenues Pre-IPO/Unlisted Share: | Rs. 1 Per Equity Share |
| ISIN of LE Travenues Pre-IPO/Unlisted Share: | INE0HV901016 |
| Lot Size of LE Travenues Pre-IPO/Unlisted Share: | 1000 Shares |
| LE Travenues Share Price: | Best in Industry |
| PAN Number of LE Travenues: | AABCL1932G |
CIN of LE Travenues |
U63000HR2006PLC071540 |
Incorporation Date of LE Travenues |
03 June 2006 |
Category/Sub-category of LE Travenues |
Limited by Shares/ Non-govt company |
LE Travenues Registered office and contact details |
Second Floor, Veritas Building Sector 53, Golf Course Road, Gurgaon HR 122002 IN |
LE Travenues Registrar and Transfer Agent |
Link Intime India Private Limited C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083 |
|
Name and Description of main products/services |
NIC Code of the product/services |
% to the total turnover of the Company |
|
Travel agency and tour operators |
9985 |
93% |
Mr. Aloke Bajpai, Chairman, Managing Director & Group CEO
Mr. Rajnish Kumar, Director & Group CPTO
Mr. Ravi Chandra Adusumalli, Non-Executive Director
Mr. Shailesh Lakhani, Non-Executive Director
Mr. Arun Seth, Independent Director
Mr. Mahendra Pratap Mall, Independent Director
Ms. Shubha Rao Mayya, Independent Director
Mr. Rahul Pandit, Independent Director
Mr. Frederic Lalonde, Independent Director
Mr. Rajesh Sawhney, Independent Director
|
S. No. |
Name of the Company |
Holding/ Subsidiary/ Associate/ Joint Venture |
% of Shares held |
|
1. |
Travenues Innovations Private Limited |
Subsidiary |
100% |
|
2. |
Confirm Ticket Online Solutions Private Limited |
Subsidiary |
50.10% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
- |
0% |
|
2. |
Public Shareholding |
36,97,50,000 |
100% |
|
|
Total |
36,97,50,000 |
100.00% |
Le Travenues Technology Private Limited operates in the highly competitive travel technology industry, which is experiencing rapid growth due to the increasing number of people traveling globally. The travel industry has been impacted significantly by the COVID-19 pandemic, but as the pandemic is almost over, travel is expected to gradually recover, creating new opportunities for companies like Le Travenues.
In recent years, Le Travenues has seen significant growth due to the popularity of its flagship product, Ixigo, and the increasing demand for online travel booking platforms in India. The company has also expanded its product portfolio to include a white-label platform for airlines and travel agencies, a B2B platform for travel agents, and a travel expense management system for businesses. These products have helped the company to diversify its revenue streams and position itself as a leading travel technology provider in India.
Looking ahead, the industry outlook for Le Travenues is positive, with a growing middle class, increased disposable income, and a rising trend of online travel bookings in India. The company is well-positioned to capture this growing market, with its user-friendly interface, innovative features, and strong brand presence. However, the company will need to continue to innovate and adapt to changing consumer needs and preferences to maintain its competitive edge in the highly competitive travel technology industry.
