PE-VC Fund Investments
Travel-tech co. Ixigo raises Rs.1,296-Cr from ?Prosus
Gurugram-based travel app Ixigo has raised INR 1,296 crore (USD 146 million) for a 10.10% stake from ??the Netherlands-based investment firm Prosus through the issue of preferential equity shares at INR 280 per share. Post transaction, the company is expected to be valued at INR 12,800 crore.Founded in 2006, Ixigo helps travellers to plan, book and manage their trips across rail, air, bus transport, as well as book rooms in hotels.
Between Feb-08 and May-25, Ixigo had attracted about USD 99 M from Bay Capital Investments, GIC, Info Edge, Malabar Investments, Trifecta Capital, White Oak Capital Management and others.For FY25, Ixigo had reported about INR 914 Cr in Operating Income and about INR 60 Cr in PAT. (Subscribers to the database can login to view the detailed financials
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