Le Travenues Technology (IXIGO) has announced the establishment of a new fully-owned subsidiary in Singapore, marking a significant step in the company's international expansion strategy.

New Subsidiary Details

The travel technology company has incorporated "Ixigo Pte. Ltd." as its wholly-owned subsidiary in Singapore. This strategic establishment positions the company to tap into the Southeast Asian travel and tourism market.

Strategic Expansion

The incorporation of the Singapore subsidiary represents Le Travenues Technology (IXIGO)'s efforts to expand its geographical footprint beyond the Indian market. Singapore serves as a strategic hub for companies looking to access Southeast Asian markets, offering favorable business conditions and regulatory framework.

Market Positioning

This development aligns with the company's growth strategy in the travel technology sector. The new subsidiary is expected to facilitate the company's operations in the region and provide a platform for potential business opportunities in Southeast Asia's growing travel market.

The establishment of Ixigo Pte. Ltd. as a fully-owned subsidiary in Singapore marks Le Travenues Technology (IXIGO)'s expansion into Southeast Asian markets, signaling the company's commitment to growth and its strategic focus on the region's travel industry.

Le Travenues Technology (IXIGO) has announced the incorporation of a wholly owned subsidiary in Singapore, marking a significant step in its international expansion strategy. The company incorporated IXIGO PTE. LTD. on December 18, 2025, with an investment of SGD 50,000 to lead international expansion and strategic initiatives.

Subsidiary Details and Investment Structure

The new subsidiary has been established with specific financial parameters and operational focus:

Strategic Focus and Business Objectives

IXIGO PTE. LTD. will operate in the travel technology and strategic investment management sector. The subsidiary has been established to lead investment and strategic management initiatives, with particular emphasis on fostering the group's international expansion and strengthening business synergies across key markets.

Regulatory Compliance and Approvals

The incorporation follows proper regulatory procedures, with Singapore's Accounting and Corporate Regulatory Authority approving the establishment and issuing the Certificate of Incorporation. This development was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Investment Details

The subsidiary establishment involved a cash consideration of Indian Rupees equivalent to SGD 50,000. This investment structure provides Le Travenues Technology with complete control over the Singapore entity, positioning the company for strategic operations in the Southeast Asian market.

The incorporation represents Le Travenues Technology's commitment to expanding its international presence and leveraging Singapore's strategic location for regional growth initiatives in the travel technology sector.