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Online travel aggregator ixigo becomes public limited company ahead of IPO

Shortpedia

Content Team
Image Credit: inc42.com

Gurugram-based online travel ticket aggregator Le Travenues Technology, which operates a travel platform – ixigo– has converted into a public limited company before its initial public offering. Converting a private company into a public limited company is a mandatory step required for a company to file its draft red herring prospectus (DRHP) with Indian market regulator SEBI.