Prosus eyes growth across private and public markets: Gaurav Kothari

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Prosus, which recently made its first investment in a listed Indian company Le Travenues Technology, the parent firm of online travel aggregator Ixigo, will continue to explore opportunities across both private and public markets, Gaurav Kothari, principal at the Dutch investment firm told ET.

The firm acquired a 10.1% stake in Ixigo last month for about Rs 1,296 crore which the company’s board approved on Saturday. It additionally bought a 5.06% stake from existing shareholders Elevation Capital and Peak XV Partners through off-market…



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Prosus eyes growth across private and public markets: Gaurav Kothari



Prosus, which recently made its first investment in a listed Indian company Le Travenues Technology, the parent firm of online travel aggregator Ixigo, will continue to explore opportunities across both private and public markets, Gaurav Kothari, principal at the Dutch investment firm told ET.

The firm acquired a 10.1% stake in Ixigo last month for about Rs 1,296 crore which the company’s board approved on Saturday. It additionally bought a 5.06% stake from existing shareholders Elevation Capital and Peak XV Partners through off-market…



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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