Travel
Elevation Capital Offloads ixigo Shares Worth INR 38.27 Cr
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SUMMARY
The VC firm, via Saif Partners India IV Limited, sold over 21.5 Lakh shares at INR 178 apiece
Elevation Capital is the biggest shareholder in ixigo and owned 14.02% stake in the company as of March 2025
ixigo’s net profit skyrocketed 127% YoY INR 16.8 Cr in Q4 FY25, while revenue from operations zoomed 72% to INR 284.1 Cr
VC firm Elevation Capital, formerly SAIF Partners India, has offloaded more than 21.5 Lakh shares of online travel aggregator (OTA) ixigo
in a block deal worth INR 38.27 Cr.
As per BSE data,…
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