Funding
Prosus buys more Ixigo shares as Peak XV, Elevation sell
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Dutch investment firm Prosus has bought an additional 5.33% stake in Le Travenues Technology, the listed parent of online travel aggregator Ixigo. The shares were acquired from existing shareholders Elevation Capital and Peak XV Partners.
Last week, Prosus had picked up a 10.1% stake in the company for about Rs 1,296 crore.
Peak XV Partners has offloaded a 3.33% stake in the company for roughly Rs 399 crore, reducing its holding to around 6.71%.
Elevation Capital (formerly SAIF Partners India) has sold a 3.27% stake for about Rs 438 crore and now…
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