Tech
Prosus backs Ixigo; Bira’s founder brews trouble
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Ixigo is selling a 10% stake to Prosus to fund its growth plans. This and more in today’s ETtech Top 5.
Also in the letter:
■ WeWork India’s muted debut
■ Rishi Sunak’s AI pivot
■ TCS’ big staff cut
Ixigo sells 10% stake to Prosus for Rs 1,295 crore to fund expansion
(L-R) Rajnish Kumar and Aloke Bajpai, founders, Ixigo
Online travel aggregator Ixigo is selling a slice of itself to Dutch investment firm Prosus to fund its growth plans. The board of its parent company, Le Travenues Technology, approved the stake sale on…
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