Demand for bus and flight routes to Srinagar, Dehradun, Manali up on-year amid rising air and hotel fares for beach destinations
Solutions for consumer pain points in travel to be first focus; monetisation to follow
Global major open to investing in more travel cos in India
Despite a 37% rise in revenue to Rs 282.7 crore, ixigo slipped into a Rs 3.4-crore loss in Q2FY26 amid higher costs; buses and flights led growth
Peak XV Partners and Elevation Capital reduced their stakes in Ixigo parent Le Travenues Technology through off-market transactions as Prosus increased its holding to 15.16%
Travel platform ixigo on Friday said it will raise Rs 1,296 crore from global technology investor and operator Prosus through a preferential issue of equity shares. In a regulatory filing, ixigo (Le Travenues Technology Ltd) said it is offloading a 10.1 per cent stake to Prosus (MIH Investments One B V) for Rs 1,295.56 crore (USD 146 million). The board of directors of ixigo have approved the issuance of 4,62,70,092 equity shares for Rs 1,295.56 crore, representing 10.10 per cent of the post-issue paid-up equity share capital by way of preferential issue on private placement basis to MIH Investments One B.V, the filing said. Prosus will invest Rs 1,295.56 crore (USD 146 million) for a 10.1 per cent stake in ixigo on a fully-diluted basis, corresponding to a share price of Rs 280 per share, a slight premium over the 10-day VWAP (Volume Weighted Average Price) of ixigo as on the relevant date for the transaction, the filing said. ixigo intends to utilise the proceeds for organic and
Ixigo, in partnership with DMRC and ONDC, launches QR-based Delhi Metro ticketing on its Trains app, offering seamless in-app payments and cashback for users
The stock price of Ixigo hit a new high at ₹316.80 on Thursday, and has more-than-doubled or zoomed 167 per cent from its 52-week low of ₹118.65 touched on April 7, 2025.
Airfares for Diwali week 2025 are up to 52 per cent higher year-on-year, with rupee weakness raising costs and aircraft shortages cutting flight capacity across routes
The stock price of Ixigo hit a new high of ₹246.60, has more-than-doubled or zoomed 122 per cent from its 52-week low of ₹121.70 touched on April 7, 2025.
Smallcap stocks - ixigo, Hinduja Global, Gujarat Apollo, Radhika Jeweltech, Ksolves India and Mirc Electronics witnessed a breakout on the daily chart on Thursday, July 17.
ixigo share price rose after the company posted a healthy set of numbers in the June quarter of financial year 2026 (Q1FY26) results.
Driven by higher train and bus ticket bookings, ixigo posted strong Q1 earnings, while its AI agent TARA now handles over 60 per cent of voice calls on its platform
Bookings to Turkiye, Azerbaijan, and China remain suspended amid geopolitical tensions as Ixigo projects double-digit revenue growth and stronger user spending
ixigo's revenue from operation increased 72 per cent to ₹284 crore as compared to ₹165 crore a year ago.
The revenue from operations grew 42 per cent year-on-year to Rs 241.8 crore for the third quarter compared to Rs 170.5 crore in the year-ago period
Ixigo's AI-driven trip-planning tool, 'PLAN', has crafted over 282,700 personalised itineraries, engaging more than 1.5 million users since its launch last year
The drop in ixigo share price came after the company saw profit booking after posting a healthy set of September quarter of financial year 2025 (Q2FY25) results.
ixigo arm, AbhiBus, entered into a pact with Europe's largest intercity bus service, FlixBus, and plans to provide high-quality, yet affordable bus services
Online travel aggregator sets sights on doubling flight segment share and outpacing market growth