ixigo

News and Trends

Prosus to Pick Up 10.1% Stake in ixigo Parent for INR 1,296 Cr

The newly raised capital will be used to support organic growth, fund acquisitions, and strengthen working capital and general corporate activities.

News and Trends

Elevation Capital Sells Stake in Ixigo Worth INR 97.4 Cr

Previously, Elevation had also sold INR 100 crore worth of shares in a pre-IPO deal, and another INR 181 crore during the IPO through an offer-for-sale.

News and Trends

Elevation Capital Nets 25X Return From Ixigo Stake Sale

Despite the continued stake dilution, Elevation Capital still held a 14.02% stake in Ixigo as of March 31, 2024.

News and Trends

Ixigo Expands Into Train Food Delivery with Majority Stake in Zoop

Through this acquisition, Ixigo has introduced a new "Food on Train" feature that enables users to pre-order meals for seat delivery with real-time tracking, diverse meal options, and free cancellations before the cut-off time on its apps.

News and Trends

Ixigo Parent Le Travenues Announces IPO Opening Date and Details

With holdings of 23.37 percent and 15.66 percent, respectively, SAIF Partners and Peak XV are the company's largest shareholders.

News and Trends

ixigo Acquires Online Train Ticket Booking Platform Confirmtkt

As part of the deal, founders of Confirmtkt will continue running the platform and ixigo founders will join its board

News and Trends

[Funding Alert] Travel-tech Start-up ixigo Invests in Inter-city Mobility Startup gogoBus

According to ixigo, the investment will help the company disrupt the bus travel market

Technology

Travel start-up ixigo acqui-hires IndianBackpacker.com to build curated communities of travelers

An investee company of SAIF Partners & MakeMyTrip, ixigo looks to grow five-fold to reach over 30 million monthly active mobile users by 2016.