IXIGO

Adds investment details from paragraph 2 onwards

Oct 10 (Reuters) - Dutch technology investor Prosus PRX.AS will buy a 10.1% stake in India's Ixigo LETR.NS for 12.96 billion rupees ($146 million), the online travel booking platform said on Friday.

Ixigo, formally known as Le Travenues Technology, will issue shares to Prosus on a preferential basis at 280 rupees per share - a 10.5% discount to Ixigo's closing price on Thursday.

Ixigo's stock opened slightly lower at 310 rupees in early trade before reversing course to trade 1% higher.

The company said it will use 25% of the proceeds, or up to 3.24 billion rupees, towards growth initiatives such as developing new artificial intelligence platforms and expanding its hotels business.

It will also use the investment to fund its advertisement and branding initiatives, and acquisitions.

India is home to some of Prosus' biggest ventures in its $6.5 billion portfolio, which includes food and grocery delivery platform Swiggy SWIG.NS and fintech firm PayU.

($1 = 88.7950 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru; Editing by Sonia Cheema and Janane Venkatraman)

(([email protected]; 8800437922;))

** Jefferies removes Reliance Industries RELI.NS and Axis Bank AXBK.NS from its India long-only portfolio

** Adds Ambuja Cements ABUJ.NS, Ixigo LETR.NS and Lemon Tree Hotels with 4 percentage points weight

** RELI and AXBK down 0.6% and 0.2%, respectively, on the day; LETR and LEMO rise 2.4% and 1.2%, respectively

** Jefferies reduces weight of ICICI Bank ICBK.NS, JSW Energy JSWE.NS and REC RECM.NS each by 1 percentage point

** ICBK down 1.25%, JSWE and RECM up 1.7% and 0.6% respectively

** SBI Life Insurance SBIL.NS and Adani Ports APSE.NS have the highest weighting of 6% each in GREED & Fear's India long-only portfolio

(Reporting by Vivek Kumar M and Bharath Rajeswaran)

(([email protected];))

Sept 12 (Reuters) - Le Travenues Technology Ltd LETR.NS:

• IXIGO - IXIGO TRAINS TIES UP WITH DELHI METRO, ONDC TO LAUNCH METRO TICKET BOOKING SERVICES

Source text: ID:nnAZN4IAV1L

Further company coverage: LETR.NS

(([email protected];))

** Shares of Le Travenues Technology LETR.NS rises 8.4% to 194 rupees, their highest since July 2024

** Travel booking platforms operator's Q1 net profit jumps 28.5% Y/Y, boosted a surge in flight segment revenue; rev surges 72.9%

** Over 2.1 mln shares traded, nearly 2 times the 30-davy avg

** Stock up 15.7% YTD

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

July 16 (Reuters) - Le Travenues Technology Ltd LETR.NS:

• IXIGO JUNE-QUARTER CONSOL NET PROFIT 190.9 MILLION RUPEES

• IXIGO JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.14 BILLION RUPEES

Source text: [ID:]

Further company coverage: LETR.NS

(([email protected];;))

March 19 (Reuters) - Le Travenues Technology Ltd LETR.NS:

• IXIGO AND AMADEUS SIGN ENHANCED TRAVEL DISTRIBUTION PARTNERSHIP

Source text: ID:nBSE1hb9Jr

Further company coverage: LETR.NS

(([email protected];;))

Jan 28 (Reuters) - Le Travenues Technology Ltd LETR.NS:

• DEC-QUARTER CONSOL NET PROFIT 155.2 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.42 BILLION RUPEES

Source text: ID:nBSE1kdTNX

Further company coverage: LETR.NS

(([email protected];;))

** Shares of Le Travenues Technology LETR.NS rise 3.6% to 175.7 rupees

** Operator of online ticket booking website Ixigo reported a 70% surge in Q1 profit, rev up 16% y/y

** LETR set to snap three day losing streak, if trend holds

** Stock currently trading 90% higher than its IPO price band's upper limit of 93 rupees

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

** Shares of Le Travenues Technology LETR.NS jump about 5% at 171.6 rupees

** Operator of online ticket booking website Ixigo reported Q4 profit, rev surge on Thursday

** Profit nearly doubled, while rev surged 20%

** Stock at current price 84% higher than its IPO price band's upper limit of 93 rupees

** U.S.-listed local MakeMyTrip MMYT.O has surged ~89% this year, set for its best one-year jump ever

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

** Shares of Le Travenues Technology LETR.NS jump over 4%

** Operator of online ticket booking website Ixigo to report Q4 results later in the day

** Stock set for biggest one-day jump since its market debut surge in mid-June

** Stock last at ~164 rupees, 76% higher than its IPO price band's upper limit of 93 rupees

** U.S.-listed local MakeMyTrip MMYT.O has surged ~89% this year, set for its best one-year jump ever

(Reporting by Savio Dsouza)

(([email protected];))

** Shares of Le Travenues Technology LETR.NS up 62.6% to 151.25 rupees in its Mumbai market debut

** LETR, known for its online travel agency 'Ixigo', debuted at 62.6% above its IPO price range's upper limit of 93 rupees

** LETR raised 7.4 bln rupees in its IPO, with 1.2 billion rupees from the fresh issue and 6.2 billion rupees from the offer for sale of shares - prospectus

** IPO oversubscribed 98.34x last week - exchange data

** Axis Capital, DAM Capital Advisors, and JM Financial are among the bookrunning lead managers

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))