Elevation Again Dumps ixigo Shares In INR 97 Cr Block Deal

Elevation Capital, via Saif Partners India IV Limited, sold over over 53.98 Lakh shares at INR 180.5 apiece

Of the shares that flooded the market, 53.69 Lakh shares were lapped up by Schroder International Selection Fund for a sum of INR 96.9 Cr

Last month, Elevation Capital sold more than 21.5 Lakh shares of ixigo for INR 38.27 Cr

VC firm Elevation Capital, formerly SAIF Partners India, offloaded over 53.98 Lakh shares of online travel aggregator (OTA) ixigo in a block deal worth INR 97.44 Cr yesterday. 

As per…