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