Le Travenues Technology (IXIGO) , the parent company of travel aggregator Ixigo, has announced impressive quarterly results while also revealing potential interest from an unnamed investor. The company has seen significant financial growth and market attention.

Strong Financial Performance

Le Travenues Technology reported robust financial results for the quarter:

The company maintains its projection of over 40% gross transaction value growth for the financial year 2026, indicating strong confidence in its future performance.

Potential Stake Acquisition

In a significant development, Le Travenues Technology disclosed that an unnamed investor is looking to acquire up to 16% stake through secondary acquisitions. As per the company's regulatory filing:

"We wish to inform you that we propose to acquire, either by ourselves or through our affiliates, certain shares in Le Travenues Technology Limited (the 'Company') by way of secondary acquisitions. As on the date hereof, no definitive agreements or binding arrangements for such proposed acquisitions have been executed by us."

The company emphasized that it is not a party to the proposed secondary acquisition and is unaware of the share price or amounts involved.

Market Response

Despite the positive news, Le Travenues Technology's shares closed 1.4% lower at ₹307.50. However, it's worth noting that the stock has gained 118% over the past six months, reflecting strong investor confidence in the company's growth trajectory.

Upcoming Board Meeting

Le Travenues Technology has scheduled a board meeting for October 10, 2025, to consider and evaluate a proposal for fund raising through various permissible modes, including qualified institutions placement and preferential issue. This meeting could potentially lead to significant corporate actions in the near future.

Trading Window Closure

In line with regulatory requirements, the company has announced that the trading window for dealing in its securities will remain closed for all designated persons and their immediate relatives until 48 hours after the declaration of the financial results for the quarter and half-year ended September 30, 2025.

As Le Travenues Technology continues to demonstrate strong financial performance and attract potential investors, market participants will be keenly watching for further developments in this dynamic travel tech company.

Le Travenues Technology (IXIGO) , the parent company of AbhiBus, has announced a significant partnership between its bus ticketing platform and the Odisha State Road Transport Corporation (OSRTC). This collaboration aims to enhance and digitize state bus services across Odisha, marking a notable expansion in AbhiBus's state transport coverage.

Expanding Digital Access to Public Transportation

AbhiBus, a leading online bus ticketing platform in India, has joined forces with OSRTC to provide digital booking capabilities and real-time tracking features for state bus services in Odisha. This partnership will give millions of passengers easier access to reliable government bus services through AbhiBus's digital platform.

OSRTC's Extensive Network

OSRTC, operating under the Transport & Commerce Department of the Odisha Government, connects over 130 cities, towns, and business centers within Odisha and 68 cities outside the state. The corporation runs 4,800 daily services with a fleet of 577 intercity and interstate buses.

Key Features of the Partnership

• Digital bookings for OSRTC services
• Real-time bus tracking
• Secure payment options
• Access to a wide range of routes and bus categories

Improving Rural Connectivity

A notable aspect of this partnership is the inclusion of OSRTC's flagship Mukhyamantri Bus Seva (MBS), which connects 6,720+ Gram Panchayats through 1,422 rural buses. This makes it one of India's most inclusive public transport systems, now accessible through the AbhiBus platform.

Executive Insights

Rohit Sharma, COO of AbhiBus, expressed enthusiasm about the partnership, stating, "We are delighted to welcome OSRTC onboard, one of the key state transport networks connecting cities and rural communities across Odisha. This partnership enables passengers to seamlessly book bus routes like Bhubaneswar-Puri, Cuttack, Berhampur, Rourkela, and Sambalpur, as well as interstate routes to Kolkata, Visakhapatnam, and Raipur."

Expanding State Transport Partnerships

The OSRTC partnership further strengthens AbhiBus's growing network of collaborations with state transport corporations across India. Recently, the platform has added seven new State Road Transport Corporations (SRTCs), including SBSTC, TSRTC, PRTC, KSRTC, SNT, and UTC. AbhiBus now aggregates 17 major SRTCs, offering millions of passengers affordable and reliable travel options.

About AbhiBus

AbhiBus, owned and operated by Le Travenues Technology (IXIGO), is a leading online bus-ticketing platform that aggregates ticket inventory from over 4,000 bus operators. The platform covers more than 3.5 lakh (350,000+) routes across India and serves as the official ticketing partner for several state road transport corporations and IRCTC bus bookings.

This partnership between AbhiBus and OSRTC represents a significant step towards digitizing and improving access to public transportation in Odisha, potentially benefiting millions of passengers across the state.