ixigo Incorporates Wholly Owned Subsidiary IXIGO PTE. LTD. in Singapore
Le Travenues Technology Limited (IXIGO) announced the incorporation of its wholly owned subsidiary, IXIGO PTE. LTD., in Singapore on December 18, 2025. This incorporation is a furtherance of their pre...
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Why is Le Travenues Technology Limited in the news today?
Le Travenues Technology Limited (IXIGO) is in the news due to the announcement is a routine disclosure about the incorporation of a subsidiary, which is a strategic move but does not immediately impact financial performance or operations significantly.
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ixigo Incorporates Wholly Owned Subsidiary IXIGO PTE. LTD. in Singapore
December 18, 2025, 12:29 PM
Le Travenues Technology Limited (IXIGO) announced the incorporation of its wholly owned subsidiary, IXIGO PTE. LTD., in Singapore on December 18, 2025. This incorporation is a furtherance of their previous announcement dated November 12, 2025.
IXIGO PTE. LTD. will be based in Singapore and will focus on leading investment and strategic management initiatives. Its primary objectives include fostering the Group's international expansion and strengthening business synergies across key markets.
The subsidiary was approved by the Accounting and Corporate Regulatory Authority of Singapore, which issued the Certificate of Incorporation. The initial investment made by Le Travenues Technology Limited for this subsidiary amounts to SGD 50,000 (Singapore Dollar Fifty Thousand), which is equivalent to Indian Rupees 50,000. This investment comprises 50,000 ordinary shares subscribed at a price of SGD 1 each, resulting in Le Travenues Technology Limited holding 100% of the share capital of IXIGO PTE. LTD.
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