Private Equity

Liquidity Events

Elevation Cap sells 1 Cr shares of travel tech co. Ixigo

Economic Times  

Elevation Capital (formerly Saif Partners India) has sold 1.01 crore shares in Le Travenues Technology, the parent company of online travel aggregator Ixigo. The transaction value is estimated to be about INR 226 crore. Elevation continues to hold a 6.45% stake in the company.In June 2025, Elevation had sold 53.9 lakh shares in Ixigo for INR 97.4 crore. Prior to this, Elevation Capital sold 21.5 lakh shares in Ixigo in May for INR 38.27 crore.Elevation Capital had invested INR 63.1 crore in Ixigo through various tranches. The venture capital firm had sold shares worth INR 100 crore through a pre-IPO secondary sale and sold shares worth around INR 181 crore from the offer for sale (OFS) component of the company’s IPO (in June 2024).