Latest news with #AbhiBus
Business Upturn
30-07-2025
- Business
- Business Upturn
ixigo's AbhiBus launches ‘New Buses' filter to make bus booking more transparent
By Aman Shukla Published on July 30, 2025, 11:14 IST AbhiBus, the bus-ticketing arm of ixigo, has rolled out a game-changing feature aimed at improving the way Indians book bus travel. The platform has introduced an industry-first filter called 'New Buses' , which allows users to easily identify and book newer buses based on their age—a move that promises better transparency, comfort, and confidence while booking. With this new feature, travellers can now choose between 'Brand New' buses (less than one year old) and 'New' buses (less than two years old). Each bus listing on the search results page is clearly tagged, helping users spot the newer options with ease. For a long time, bus travellers in India have had to book tickets without knowing the age or actual condition of the vehicle. This has often led to last-minute bus swaps, unexpected breakdowns, and uncomfortable journeys. AbhiBus is tackling this issue head-on by bringing bus-age visibility to the forefront. Lenin Kodru, CEO of AbhiBus, shared his thoughts on the update: 'We are excited to introduce the 'New Buses' filter – a simple yet powerful tool that puts greater control in the hands of travellers. Transparency is the first step toward building trust. When customers know in advance that they're booking a new bus, they can expect better upkeep, cleaner interiors, and more reliable onboard facilities. This is a big step forward for the industry.' The launch of the 'New Buses' filter builds on AbhiBus's reputation for customer-first innovations. Features like Abhi Assured already give travellers access to more reliable operators and offer up to 150% refunds in case of major service disruptions—ensuring peace of mind on every journey. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
17-07-2025
- Business
- Business Standard
ixigo share skyrockets 15%, hits record on Q1 show; profit jumps 28% YoY
ixigo share price: Shares of ixigo, owned and operated by Le Travenues Technology Ltd were buzzing in trade on Thursday, July 17, 2025, with the scrip rallying up to 15.2 per cent to hit a fresh record high (all-time high) of ₹206.4 per share. At 11:30 AM, Ixigo share price was trading 13.96 per cent at ₹204.10 per share. In comparison, BSE Sensex was trading 0.13 per cent lower at 82,524.83 levels. What triggered the sharp rally in ixigo share price today? ixigo share price rose after the company posted a healthy set of numbers in the June quarter of financial year 2026 (Q1FY26) results. The company's profit rose 27.7 per cent year-on-year (Y-o-Y) to ₹18.9 crore in the June quarter of FY26, from ₹14.8 crore in the same quarter previous fiscal year. ixigo's revenue climbed 72.9 per cent Y-o-Y to ₹314.4 crore in Q1FY26, from ₹181.8 crore in Q1FY25. At the operating level, earnings before interest, tax, depreciation and amortisation zoomed 53 per cent Y-o-Y to ₹25.4 crore in the June quarter of FY26, from ₹16.6 crore in the June quarter of FY25. Ebitda margin, however, squeezed 100 basis points (bps) to 8.1 per cent in the quarter under review, as against 9.1 per cent in the same period last year. On Q1 show, Saurabh Devendra Singh, group CFO, ixigo, said, 'Q1FY26 is another strong quarter, with record revenue and profits across all our key verticals. The 54 per cent increase in adjusted Ebitda and 76 per cent growth in PBT (excluding exceptional items) demonstrate the strength of our operating model and disciplined execution. We remain committed to driving sustainable growth.' Moreover, the company's gross transaction value (GTV) came in at ₹4,644.7 crore in Q1FY26, growing 55 per cent Y-o-Y. Its Flight and Bus GTV led the growth with 81 per cent increase Y-o-Y while Train GTV grew 30 per cent Y-o-Y for Q1FY26 versus Q1FY25. Meanwhile, Rajnish Kumar, group co-CEO, ixigo and Aloke Bajpai, group CEO, ixigo, jointly said: 'We continue to see rapid growth and have hit new all-time highs. Our outstanding growth in categories such as buses and flights stems from our unique playbook that combines a customer-centric approach, ability to cross-sell and up-sell to our captive user-base, our tech-centric DNA, AI-driven efficiency, and enhanced brand awareness.' About ixigo Founded in 2007 by Aloke Bajpai and Rajnish Kumar, ixigo (Le Travenues Technology Limited) is a travel technology company that helps Indian travellers plan, book, and manage trips across trains, flights, buses, and hotels. Using artificial intelligence (AI) and proprietary algorithms, ixigo offers smart travel solutions through its suite of apps - ixigo, ConfirmTkt, and AbhiBus. These platforms enable users to book tickets, find accommodations, hire cabs, and access a range of travel utilities powered by crowd-sourced data. In FY25, the company reported over 54 crore Annual Active Users, establishing itself as a leading online travel agency (OTA) catering to India's Next Billion Users.
Time of India
06-07-2025
- Time of India
Bus bookings for monsoon, festive travel surge as travellers hesitate to take flights
Pune: Travel operators are witnessing a surge in bus bookings owing to the flexibility and reliability of transport, the convenience of access to hill stations, and cost-effectiveness. The hesitation to book flights after the recent crash has also fuelled demand for bus travel. Devenshi Saluja, a resident of Baner, planned a last-minute bus trip to Goa and Varkala. "There have been many turbulence-related incidents in flight travel. I have an overall hesitation to fly following the recent air accident, as well. My bus journey was comfortable, and bookings were also easily available," she said. "We usually take a flight but this time, we have booked a bus for our journey to Coimbatore. We plan to visit nearby hill stations which turn lush green during the monsoon," said Nirav Kulkarni, a resident of Kothrud. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune While refusing to attribute the reason behind the surge in bus bookings to the hesitation to take flights, Rohit Sharma, COO of AbhiBus, said, "We're seeing a clear uptick in bus bookings to popular monsoon destinations. Places like Bekal are witnessing a 100% year-on-year surge. Destinations such as Ooty, Coimbatore and Wayanad are also seeing strong interest, with an average 30% year-on-year uptick in bus bookings. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Нов таблет с Android Pro 14 Murreice Купете сега Undo " Rikant Pittie, co-founder and CEO of EaseMyTrip, said they have seen a 10–12% increase in intercity bus travel demand in the last month alone. "One reason might be the fear of air travel because of turbulence and safety incidents, especially during monsoons. Also, we have observed that road travel for shorter distances has become the preferred mode, particularly for regional and religious travel in this season," he said. Travel operators said passengers are preferring intercity sleeper and AC luxury buses. Balasaheb Khedekar, president of the Pune Luxury Bus Association, said there has been an increase in demand for long-distance buses. "Sleeper coaches are running at 80% occupancy to places like Bengaluru,Hyderabad and Ahmedabad. Part of it is seasonal rush, and maybe a 5-10% increase in demand is because of the hesitation for air travel," he said. Operators are also expecting robust demand for bus bookings during the upcoming festive season. The second half of the calendar year is traditionally a peak season for bus travel, due to festivals and extended holidays. "We expect a 30-35% increase in demand for bus travel from Aug to Dec," a bus operator said on the condition of anonymity.
Business Standard
26-06-2025
- Business
- Business Standard
AbhiBus (ixigo's bus biz) partners with CheckMyBus to simplify bus travel in India
AbhiBus (ixigo's bus business), one of India's leading online bus ticketing platforms, has entered into a partnership with CheckMyBus, a Germany-based global intercity bus metasearch engine. Through this collaboration, CheckMyBus will integrate AbhiBus's extensive network of 4,000+ bus operators and 3.5 lakh+ routes across India, making it easier than ever for both international and domestic travellers to search and book intercity and last-mile bus journeys across the country. CheckMyBus operates in over 90 countries, across 21 local domains and 12 languages, offering a one-stop comparison platform for intercity transport. With this integration, travellers from around the world can now access India's vast and diverse bus network on a global platform, gaining visibility into routes, schedules and prices alongside other modes of transport. Speaking on this, Rohit Sharma, COO, AbhiBus, said, This partnership is a major leap towards making India's extensive bus network more accessible to the world. By integrating with CheckMyBus, we're opening doors for international travellers to explore India with confidence, from the moment they land, all the way to their final stop. With Indian bus routes now globally discoverable, we're simplifying travel across the country and helping global explorers navigate it more affordably and effortlessly."
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Business Standard
15-05-2025
- Business
- Business Standard
ixigo share price jumps 8% on posting strong Q4FY25 results; Check details
ixigo share price: Le Travenues Technology, operating as ixigo, stock jumped 8.1 per cent in trade on Thursday, recording a day's high at ₹181.3 per share on BSE. The stock was in demand a day after the company released its Q4 results. At 10:48 AM, ixigo shares pared some gains and were up 4.41 per cent at ₹175.05 per share on the BSE. In comparison, the BSE Sensex was up 0.04 per cent at 81,362.24. The market capitalisation of the company stood at ₹6,828.89 crore. The 52-week high of the stock was at ₹196.45 per share and the 52-week low of the stock was at ₹118.65 per share. ixigo Q4 results After market hours on Wednesday, the tours and travels' company posted its fourth quarter (Q4FY25) numbers. The company's consolidated net profit stood at ₹16.8 crore as compared to ₹7.3 crore which translated to a jump of 128 per cent year-on-year (Y-o-Y). Its revenue from operation increased 72 per cent to ₹284 crore as compared to ₹165 crore a year ago. According to the filing, the company's Earnings before interest, tax, depreciation and amortisation (Ebitda) stood at ₹30.7 crore in Q4, rising 64 per cent Y-o-Y. The company's Gross Transaction Value (GTV) increased 65 per cent Y-o-Y increase. The company's contribution margin (CM) increased by 69 per cent Y-o-Y, reaching ₹120.9 crore in Q4FY25. ALSO READ | About ixigo Launched in 2007, ixigo (Le Travenues Technology) is a technology company focused on empowering Indian travellers to plan, book and manage their trips across rail, air, buses, and hotels. ixigo assists travellers in making smarter travel decisions by leveraging artificial intelligence. The ixigo, ConfirmTkt, and AbhiBus apps allow travellers to book train tickets, flight tickets, bus tickets, hotels, and cabs, and provide travel utility tools and services developed using in-house proprietary algorithms and crowd-sourced information. With over 48 crore Annual Active Users in Fiscal 2024, ixigo is the leading OTA for Next Billion Users in India.
