Private Equity

Liquidity Events

Elevation Capital sells travel aggregator ixigo’s shares worth Rs.38-Cr

Venture capital firm Elevation Capital (formerly SAIF Partners India) has sold 21.5 lakh shares worth INR 38.27 crore of Bengaluru-based online travel aggregator (OTA) ixigo in a block deal. The shares were sold at INR 178 a piece.

Between Feb 2008 and Jun 2024, ixigo had raised about USD 98 M from Elevation Capital, Micromax, Peak XV Partners, Bay Capital Investments, GIC, Info Edge, Malabar Investments, Trifecta Capital, White Oak Capital Management and others.