Elevation Capital Again Sells 2.59% Stake in ixigo

Post the deal, Elevation Capital now owns 6.45% stake in the company compared to 9.04% previously

Schroder International Selection Fund is said to have lapped up the shares, with the fund now owning around 5% stake in the listed OTA

The VC firm, in May, sold 21.5 Lakh shares of the OTA for INR 38.27 Cr, and followed it by offloading another 53.98 Lakh shares in an INR 97.44 Cr block deal

VC firm Elevation Capital on Tuesday (July 22) sold 2.59% stake, or over 1.01 Cr shares, in online travel aggregator (OTA) ixigo…