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ixigo To Raise INR 1,296 Cr From Prosus To Power Growth

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SUMMARY

ixigo is raising capital from Prosus through a preferential issue on a private placement basis to fuel its growth

MIH Investments One B.V will hold a 10.1% stake in the company post the fundraise

ixigo plans to deploy the freshly raised capital for organic growth opportunities, inorganic growth opportunities, working capital requirement, and general corporate purposes.

Listed travel tech major ixigo is raising INR 1,296 Cr (around $145.9 Mn) from Prosus through a…

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