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Prosus Acquires Over 5% Stake In ixigo
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SUMMARY
Prosus acquired 1.3 Cr shares, or a 3.16% stake, of ixigo via an off-market secondary acquisition from Peak XV Partners
SAIF Partners India IV Limited (fund managed by Elevation Capital) also said it sold 1.4 Cr shares of ixigo in a mix of open and off market transactions
This comes at a time when Prosus is preparing for a fresh fund infusion of INR 1,296 Cr in ixigo
Global investor Prosus acquired 1.3 Cr shares, or a 3.16% stake, of ixigo
via an off-market secondary acquisition from Peak XV Partners on October 10.
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