ixigo To Raise Stake In Train Food Delivery Startup Zoop

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SUMMARY

ixigo will acquire 1,717 shares from Zoop’s founders Puneet Sharma and Manoj Kumar Singh for INR 3.25 Cr

ixigo acquired a 51% stake in Zoop in October 2024 and launched its ‘Food on Train’ offering after it

Zoop generated a revenue of INR 10.90 Cr in FY25, up 42% from INR 7.66 Cr in the previous fiscal year

Online travel aggregator ixigo is increasing its stake in the train food delivery platform and its subsidiary Zoop Web Services by 11% via a secondary share purchase worth INR 3.25 Cr. 

In an exchange…



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ixigo To Raise Stake In Train Food Delivery Startup Zoop


SUMMARY

ixigo will acquire 1,717 shares from Zoop’s founders Puneet Sharma and Manoj Kumar Singh for INR 3.25 Cr

ixigo acquired a 51% stake in Zoop in October 2024 and launched its ‘Food on Train’ offering after it

Zoop generated a revenue of INR 10.90 Cr in FY25, up 42% from INR 7.66 Cr in the previous fiscal year

Online travel aggregator ixigo is increasing its stake in the train food delivery platform and its subsidiary Zoop Web Services by 11% via a secondary share purchase worth INR 3.25 Cr. 

In an exchange…



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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