Elevation Capital Offloads ixigo Shares Worth INR 38.27 Cr

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SUMMARY

The VC firm, via Saif Partners India IV Limited, sold over 21.5 Lakh shares at INR 178 apiece

Elevation Capital is the biggest shareholder in ixigo and owned 14.02% stake in the company as of March 2025

ixigo’s net profit skyrocketed 127% YoY INR 16.8 Cr in Q4 FY25, while revenue from operations zoomed 72% to INR 284.1 Cr

VC firm Elevation Capital, formerly SAIF Partners India, has offloaded more than 21.5 Lakh shares of online travel aggregator (OTA) ixigo in a block deal worth INR 38.27 Cr. 

As per BSE data,…



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Elevation Capital Offloads ixigo Shares Worth INR 38.27 Cr


SUMMARY

The VC firm, via Saif Partners India IV Limited, sold over 21.5 Lakh shares at INR 178 apiece

Elevation Capital is the biggest shareholder in ixigo and owned 14.02% stake in the company as of March 2025

ixigo’s net profit skyrocketed 127% YoY INR 16.8 Cr in Q4 FY25, while revenue from operations zoomed 72% to INR 284.1 Cr

VC firm Elevation Capital, formerly SAIF Partners India, has offloaded more than 21.5 Lakh shares of online travel aggregator (OTA) ixigo in a block deal worth INR 38.27 Cr. 

As per BSE data,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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