In the financial year 2023, Le Travenues Technology, the dynamic force propelling ixigo, orchestrated a financial marvel. The company not only achieved a consolidated net profit of Rs 23.4 crore but also executed a remarkable turnaround from the Rs 21.1 crore net loss in FY22 and a modest profit of Rs 7.5 crore in FY21. Renowned for pioneering travel aggregation services, ixigo flourishes on diverse revenue streams, including the sale of travel services such as rail, airline, and bus tickets, alongside a substantial influx from advertising.

Ixigo's financial narrative reached a pivotal juncture in FY23. Domestic revenue witnessed an impressive surge, escalating from Rs 369.3 crore to a substantial Rs 487.9 crore. Simultaneously, export revenue services experienced robust growth of nearly 30 per cent, reaching Rs 13.3 crore. Factoring in interest income and other non-operating avenues, ixigo's overall revenue for FY23 culminated at an impressive Rs 517.6 crore, marking a significant leap from the Rs 384.9 crore in the preceding fiscal year. The platform proudly boasts a user base exceeding 66 million monthly active users across ixigo, ConfirmTkt, and AbhiBus.

However, this financial triumph was not without challenges. FY23 witnessed a proportional increase in ixigo's total expenses, surging to Rs 484.3 crore from Rs 402.5 crore in the previous fiscal year. The lion's share of these expenses was attributed to employee costs, with employee benefit expenses escalating to Rs 126.3 crore, including a substantial Rs 102.6 crore dedicated to salaries and wages. Advertising and promotional expenses also experienced a notable uptick, reaching Rs 93.1 crore.

Beyond fiscal accomplishments, ixigo's strategic vision extends to the future. The company aims for a robust 40 per cent revenue growth in FY24, with aspirations to elevate its business scale to Rs 700 crore. Despite securing SEBI's approval for a substantial Rs 1,600 crore IPO in December 2021, the startup strategically deferred its listing plan, citing market conditions as a determining factor. This strategic move reflects ixigo's agility in navigating the dynamic landscape of the business world.

Adding to its narrative, ixigo has a rich history as a trailblazer in the traveltech industry, constantly innovating to meet evolving consumer needs. As an unlisted entity, insights from the unlisted market reveal a growing interest in Ixigo unlisted shares, reflecting investor confidence in the company's potential. This positive sentiment aligns with ixigo's strategic decision to postpone its IPO, indicating a prudent approach to market dynamics. The unlisted market suggests a keen anticipation for the company's future endeavors and underscores the value investors see in ixigo's innovative contributions to the travel sector.

In the unlisted market, Ixigo unlisted shares have emerged as highly sought-after, reflecting a notable investor interest. As of November 2023, the prevailing Ixigo unlisted share price stands at approximately Rs. 98-99. Comparatively, the Ixigo unlisted share price in January 2023 was Rs. 80, indicating a commendable growth of nearly 25% over this period. This upward trajectory in the Ixigo unlisted share price underscores a positive market sentiment and affirms the company's standing.

The robust performance of Ixigo unlisted shares is indicative of the market's confidence in the company's prospects. As this positive trajectory continues, there is a palpable expectation that the Ixigo unlisted share price will witness further appreciation in the foreseeable future. 

Founded in 2007 by Aloke Bajpai and Rajnish Kumar, ixigo has carved a significant niche in the travel technology sector. With a mission to simplify travel planning, the company launched its flagship website, ixigo.com, offering a user-friendly interface for comparing and booking various travel services. Recognizing the shift towards mobile usage, ixigo expanded its reach by introducing a mobile app in 2011, providing users with on-the-go access to seamless travel planning and booking.

Ixigo's evolution includes strategic acquisitions, such as the 2012 purchase of Tushky, enhancing its offerings with activity discovery and booking services. The company's expansion continued with the inclusion of bus bookings, diversifying its portfolio of travel services.

Throughout its journey, ixigo has been at the forefront of technological innovation. Features like fare predictions, real-time train running status, and personalized recommendations powered by artificial intelligence have been introduced, enhancing the overall user experience.