PE-VC Fund Investments
Prosus buys addl 5.33% shares of travel portal Ixigo from Peak XV, Elevation for Rs.837-Cr
Dutch investment firm Prosus has bought an additional 5.33% stake in publicly listed Le Travenues Technology, which operates the online travel service Ixigo . The shares were acquired from existing shareholders Elevation Capital and Peak XV Partners.Peak XV Partners has offloaded a 3.33% stake in the company for around INR 399 crore, reducing its holding to around 6.71%, while Elevation Capital (formerly SAIF Partners India) has sold a 3.27% stake for about INR 438 crore and now holds a nearly 2.4% stake in the company.Last week, Prosus had picked up a 10.1% stake in the company for about INR 1,296 crore.
Between Feb 2008 and Oct 2025, Ixigo had attracted about USD 245 M from Bay Capital Investments, GIC, Info Edge, Malabar Investments, Trifecta Capital, White Oak Capital Management, Prosus Ventures and others.For FY24, Ixigo had reported about INR 914 Cr in Operating Income and about INR 60 Cr in PAT.
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