Prosus buys additional stake in Ixigo; Peak XV, Elevation sell shares

Dutch investment firm Prosus has bought an additional 5.06% stake in Le Travenues Technology, the listed parent of online travel aggregator Ixigo. The shares were acquired from existing shareholders Elevation Capital (1.9%) and Peak XV Partners (3.16%) through off-market transactions, the investment firms said in regulatory filings.

This is in addition to the 10.1% stake that Ixigo last week said it would issue on a preferential basis to Prosus for about Rs 1,296 crore, or Rs 280 a share.

Peak XV Partners sold the 3.16% stake for roughly Rs 399 crore,…