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Le Travenues Technology acquires 51% stake of ‘Zoop’

Datamatics Global Services

Datamatics Global Services

Le Travenues Technology better known as ixigo, Incorporated in 2006, is an online travel agency (OTA) that allows travelers to book train, flight, and bus tickets and hotels, acquires a 51% stake in Zoop Web Services Private Limited.

The Company informs the exchange on October 25.

On October 24, 2024, Le Travenues Technology at board meeting approved to acquire a 51% stake in Zoop. The company acquires 51% stake in Zoop for a total consideration of Rs. 12.54 crore.

Zoop is an unlisted private limited company engaged in the business of train food delivery service and is an authorised IRCTC e-catering partner with revenue from operations of INR 765.65 lacs in financial year ended March 31, 2024.

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