Swastika Investmart Ltd, in its report, stated that Le Travenues Technology Ltd, the parent company of popular online travel agencies Ixigo and AbhiBus, operates in the rapidly growing Indian online travel market. It mentioned that the company’s established brand presence, AI-powered operations, and diversified business model position it for continued growth.
However, Swastika Investmart also pointed out that while Le Travenues has shown strong post-pandemic recovery with impressive top-line and bottom-line growth, there are certain key risks that need to be carefully considered.
