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| Aug 22, 2026 | Uber fined ₹9,226 crore over driver account suspensions without human review: 'Serious infringements' | The Dutch data protection watchdog has fined ride-hailing app Uber €825 million, around ₹9,226 crore, for suspending driver accounts through automated systems without a prior “warning," according to news agency Reuters. The regulator s... |
| Aug 18, 2026 | 'From cabs to trains’: Uber partners with ixigo to add train ticket bookings to its app | American ride-hailing giant Uber has partnered with travel platform ixigo to introduce train ticket booking on its app in India, expanding its services beyond ride-hailing and further into intercity travel.
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| Aug 14, 2026 | ixigo parent Le Travenues to sell 17.39% stake in FreshBus for Rs 36.6 crore | Le Travenues Technology, the listed company that operates travel booking platform ixigo, has agreed to sell a 17.39% stake in electric intercity bus startup FreshBus to Twelve Stone LLP for Rs 36.6 crore.
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| Aug 7, 2026 | Ixigo Q1 profit jumps 81% to Rs 34 crore despite aviation slowdown, train booking changes | Online travel platform Ixigo has reported an 81% year-on-year rise in profit for the quarter ended 30 June 2026, despite pressures across parts of India's travel market.
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Le Travenues Technology, Ixigo's parent company, reported... |
| Jul 14, 2026 | Elevation Capital collects $500 mn for ninth fund to back early-stage startups | Elevation Capital's team
Homegrown venture capital firm Elevation Capital has closed its ninth flagship fund that will invest in early-stage AI-focused startups in India.
The VC firm said it has collected $500 million (about Rs 4,810 crore)... |
| Jul 9, 2026 | Ixigo bets on voice AI to power travel payments | |
| Jun 6, 2026 | Ixigo acquires majority stake in Brevistay for ₹65.69 crore to strengthen hotel business | |
| May 12, 2026 | Naspers shares tumble on iFood investment warning | Naspers and Prosus CEO Fabricio Bloisi
Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at iFood, its Brazilian food delivery crown jewel, to ... |
| Apr 14, 2026 | Govt notifies establishment of Rs 10,000 crore Fund of Funds 2.0 | Synopsis
This second tranche of the Fund of Funds will seek to mobilise venture capital and support deeptech, tech-driven, innovative manufacturing startups, and early-growth stage enterprises.
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| Apr 9, 2026 | Bay Capital hires former Naspers, Delhivery execs for new late-stage fund | Tej Kapoor and Sandeep Barasia
Mumbai-based investment firm Bay Capital Partners has appointed partners for its newly launched Digital Opportunities Fund, which will invest in late-stage digital and technology firms in India.
The fund marks... |
| Mar 16, 2026 | Scoop: Sequoia alumniâs Ambition Capital set to raise $250 million for early-stage investing | Synopsis
Shailesh Lakhani, Harshjit Sethi and Mayank Porwal, who were previously with Peak XV (formerly Sequoia Capital India), have teamed up to early-stage fund to back seed and series A startups. Bengaluru-based Ambition Capital will bac... |
| Mar 9, 2026 | Rs 250 Cr growth-stage investment fund launched by Info Edge | With a capital commitment of Rs 250 crore, Info Edge has established a new growth-stage investment fund, which is its first vehicle specifically designed for later-stage businesses. In order to increase the total corpus beyond the initial R... |
| Feb 27, 2026 | Info Edge Fuels India's Tech Future with New Growth Fund | Info Edge launched B8 Fund-I, a new Rs 250 crore growth-stage investment vehicle. It targets tech-enabled Indian companies. This expands Info Edge's significant venture portfolio. The company already operates early-stage funds and makes dir... |
| Feb 26, 2026 | Info Edge launches first growth-stage investment vehicle; commits Rs 250 crore | Synopsis
Naukri.com parent Info Edge has set up a new growth-stage investment fund with a capital commitment of Rs 250 crore, marking its first dedicated vehicle for later-stage bets, according to a filing made with the exchanges. The new v... |
| Jan 22, 2026 | Travel companies report 20% increase in demand, hotels see 40% increase in room rates for Republic Day weekend | |
| Dec 25, 2025 | India's Tech Startups Attract Millions: Fintech and EV Innovation Surge | Indian startups Prosperr.io and Naxatra Labs closed substantial early-stage funding rounds, totaling $7 million combined. Prosperr.io, a pioneering fintech firm based in Bengaluru, secured $4 million. This investment fuels its AI-driven tax... |
| Dec 23, 2025 | Prosperr.io, Naxatra Labs secure funding in early-stage rounds | Prosperr.io founders Dev Kumar (left) and Manas Gond
Early-stage startups Prosperr.io and Naxatra Labs have secured funding in separate rounds involving venture capital firms, angel investors and strategic backers, the companies said on Tue... |
| Dec 23, 2025 | EV motor startup Naxatra Labs raises $3 million led by Zerodha's Rainmatter, angel investors | Synopsis
The round also saw participation from several marque startup founders, operators, and angel investors, including Mohit Tandon of Delhivery, Himanshu Aggarwal of Aspiring Minds, Vijay Shekhar Sharma of Paytm, Aloke Bajpai of Ixigo, ... |
| Oct 31, 2025 | India's Snapmint Secures $125 Million: General Atlantic Bets Big on EMI-on-UPI Future | Indian fintech leader Snapmint secured $125 million, led by US private equity giant General Atlantic. This significant funding fuels Snapmint's expansion of its unique EMI-on-UPI platform. The startup empowers users to access credit for onl... |
| Oct 31, 2025 | Snapmint raises $125 million from GA, others | Synopsis
Founded in 2017, by IIT-Bombay batchmates Nalin Agrawal, Abhineet Sawa and Anil Gelra, Snapmint has raised $140 million since inception. Speaking with ET, Agrawal said that the company plans to use 50% of the funds raised to capita... |
| Oct 15, 2025 | Did Elevation Capital, Peak XV beat the benchmark in latest partial exits from ixigo? | Pro
Ravi Adusumalli, co-managing partner, Elevation Capital
Venture capital firms Elevation Capital and Peak XV Partners have sold another chunk of their stakes in travel-tech company ixigo to Dutch technology investor Prosus, generating m... |
| Oct 15, 2025 | Prosus buys additional stake in Ixigo; Peak XV, Elevation sell shares | Synopsis
Dutch investment firm Prosus has significantly increased its stake in Ixigo's parent company, Le Travenues Technology, by acquiring an additional 5.33% from existing shareholders Elevation Capital and Peak XV Partners. This follows... |
| Oct 11, 2025 | Prosus buys 10% of Ixigo parent for Rs 1,296 crore; in talks to acquire additional stake from early investors | Synopsis
Ixigo's parent company, Le Travenues Technology, is selling a 10% stake to Prosus for Rs 1,295 crore. The deal involves selling over 4.62 crore shares at Rs 280 each, a 10% discount to Thursday's closing price. Proceeds will fund g... |
| Oct 10, 2025 | Prosus to buy 10% stake in Indian travel platform Ixigo for $146m | |
| Oct 10, 2025 | Prosus to Pick Up 10.1% Stake in ixigo Parent for INR 1,296 Cr The newly raised capital will be used to support organic growth, fund acquisitions, and strengthen working capital and general corporate activities. | Le Travenues Technology Limited, the parent company of travel tech platform ixigo, has announced that its board has approved a primary investment from Prosus through its affiliate, MIH Investments One B.V., via a preferential issue of equit... |
| Oct 8, 2025 | Peak XV, Elevation-backed ixigo draws an equity investor, even as shares soar | Credit: Pexels
Travel-tech platform ixigo, which counts marquee venture capital firms such as Peak XV Partners and Elevation Capital among its backers, has received interest from one investor even as the company’s share price soars.
The bra... |
| Sep 19, 2025 | Shift in Venture Capital: Exits, Track Records and the Solo GP Boom The motivations stem from a combination of market dynamics, growth ceiling concerns, and changing preferences among limited partners (LPs). | A wave of senior general partners (GPs) leaving large venture capital funds to launch independent firms is underway in India, highlighting a shift in early-stage investing. The motivations stem from a combination of market dynamics, growth ... |
| Sep 5, 2025 | Intercity EV bus startup LeafyBus received $4.1 M from Enetra EV | With support from Singapore’s Impact Capital Asia Management (ICAM), Enetra EV has provided $4.1 million in pre-Series A funding to Delhi-based intercity EV bus startup LeafyBus.
The new money will go toward expanding services and increasin... |
| Sep 3, 2025 | $400 M late-stage fund for IPO bound startups launched by Elevation Capital | With the launch of a new $400 million fund, Elevation Capital is shifting its focus from early-stage startups to businesses it believes are adding value in public markets.
An ET report claims that Elevation Holdings, the late-stage vehicle,... |
| Aug 29, 2025 | VC firm Elevation Capital enters late-stage investing with $400-mn fund | Elevation Capital co-managing partners Ravi Adusumalli (left) and Mukul Arora | Credit: Elevation Capital
Homegrown venture capital firm Elevation Capital, which typically makes early-stage bets, has forayed into late-stage investing with t... |
| Jul 19, 2025 | CNPC launched by Startup Policy Forum to support IPO-bound startups in India | The Center for New-Age Public Companies (CNPC) was established by the Startup Policy Forum (SPF), a coalition of more than fifty Indian new-age businesses, to assist startups making the move from private to public markets.
In light of India... |
| Jul 18, 2025 | Startup Policy Forum Launches Centre to Support IPO-Bound Startups With nearly 40 startups valued at over USD 90 billion poised to go public in the coming years, CNPC aims to bridge gaps in regulatory compliance, corporate governance, and market preparedness. | The Startup Policy Forum (SPF), an alliance of over 50 emerging Indian companies, has launched the Centre for New-Age Public Companies (CNPC) to assist startups preparing for public listing. The initiative was unveiled during a high-level m... |
| Jul 3, 2025 | CNBC’s Inside India newsletter: Peaked, paused, and poised? India’s market reboot at half-time | Monday - Friday, 11:00 - 12:00 SIN/HK | 0500 - 06:00 CET
The MSCI India Index has risen just 5.68% so far, nearly seven percentage points less than the MSCI Asia Pacific Index.
Experts have raised concerns over India’s ability to withstand ... |
| Jun 27, 2025 | ZILO, MobiYoung bag early-stage funding | ZILO co-founder and CIO Bhavik Jhaveri and co-founder and CEO Padmakumar Pal
Fashion-tech platform ZILO and ad-tech firm MobiYoung have secured backing from venture capital firms and individual investors in separate funding rounds, the comp... |
| May 21, 2025 | Elevation Capital Nets 25X Return From Ixigo Stake Sale Despite the continued stake dilution, Elevation Capital still held a 14.02% stake in Ixigo as of March 31, 2024. | Multi-stage venture capital firm Elevation Capital has earned a 25X return by further paring its stake in travel tech platform Ixigo (Le Travenues Technology), underscoring the firm's track record in backing high-growth consumer tech ventur... |
| May 10, 2025 | Ixigo suspends hotel, flights bookings to Turkey, China & Azerbaijan amid Ind-Pak tensions: ‘Blood and bookings...’ | Online travel bookings platform, Ixigo's Managing Director and Chief Executive Officer (CEO), Aloke Bajpai, in a post on the social media platform X on Saturday, May 10, announced that the company is suspending all hotel and flight bookings... |
| Apr 24, 2025 | Travel Industry Responds Swiftly to Kashmir Crisis With Full Flexibility and Support By lifting penalties and proactively adjusting schedules, companies are trying to soften the blow of a region rocked by violence and grief. | As tensions escalate in Kashmir following the recent terrorist attack in Pahalgam, India's travel industry is taking unprecedented steps to respond to the fallout. With tourist anxiety mounting and cancellations looming, major travel platfo... |
| Mar 30, 2025 | A playbook for public market success, from Ixigo’s Bajpai and Nazara’s Mittersain | Mumbai: Founders of public companies must be thick-skinned to be able to overcome various hurdles that might come in the way of running a successful venture, said Aloke Bajpai, chairman and managing director of online travel booking platfor... |
| Mar 19, 2025 | ixigo and Amadeus sign travel distribution partnership | The collaboration will enable ixigo to integrate Amadeus' NDC and EDIFACT content, providing travelers with more choices and a seamless flight booking experience
SINGAPORE, March 19, 2025 /PRNewswire/ -- India based online travel agency (OT... |
| Feb 11, 2025 | Love in the Digital Age: The Rise of Dating Apps and Valentine's Day Promotions | Valentine's Day is a time for love, connection, and celebration. As the world gears up for this romantic holiday, the digital landscape is buzzing with activity. Dating apps are at the forefront, transforming how people meet and connect. In... |
| Feb 11, 2025 | Two MDs quit Peak XV Partners after long tenures | Abheek Anand (left) and Shailesh Lakhani | Credit: Peak XV
Two managing directors at Peak XV Partners, one of India’s most active venture capital investors, are stepping down after spending more than a decade each at the firm previously kno... |
| Feb 10, 2025 | Times Prime Launches Valentine-Themed Members Fest with Premium Brand Partnerships | New Delhi, Delhi, India
Times Prime, India's premier digital lifestyle membership platform, announces its third annual Members Fest, reimagined with a Valentine's Day theme. The "Love All Members Fest" will run from February 7th t... |
| Feb 5, 2025 | ixigo Gets INR 1.8 Cr GST Demand, Penalty Notice | SUMMARY
ixigo has been asked to pay GST of INR 89.9 Lakh plus applicable interest. Besides, a penalty of INR 89.9 Lakh has also been imposed
The order pertains to the historical business of the company involving the “export of services alle... |
| Dec 18, 2024 | MobiKwik's IPO: A New Dawn for India's Tech Landscape | MobiKwik's initial public offering (IPO) has ignited a firestorm of interest in India's tech sector. With a staggering subscription rate of 119.38 times, it has carved its name as the second-most subscribed tech IPO in the country’s history... |
| Dec 13, 2024 | MobiKwik IPO sparks 119x demand, becomes India's second-hottest tech listing ever
Recommended Stories For You | The IPO of One MobiKwik Systems Limited has set a new benchmark for India’s tech startup listings, emerging as the second-most subscribed new-age tech IPO in the country.
As of the latest update, the offering has been subscribed 119.38 time... |
| Nov 20, 2024 | The Growth Of Air Travel In India: Is Consumer Confidence Back? Over 5 lakh domestic passengers took to the skies in a single day, marking a historic figure. Pricing competitiveness, festival season, weddings and an increasing disposable income fuelled the sector's growth | A couple of days back, India witnessed over 5 lakh domestic passengers taking to the skies in a single day, marking a historic figure. This indicates a significant milestone for Indian aviation, showcasing the nation's growing strength in t... |
| Nov 13, 2024 | BlueGreen Ventures launches $75M maiden fund | Seasoned investors Anup Jain and Rajeev Suri, former Managing Partners at Orios Venture Partners, launched a new fund BlueGreen Ventures on Wednesday.
The early-stage fund is targeting a total corpus of $75 million with a green-shoe option.... |
| Oct 26, 2024 | Start Your Engine with CARS24's Grand Carnival Sale this Festive Season | New Delhi, Delhi, India
For generations, owning a car has symbolised freedom, progress, and new beginnings. CARS24 is bringing that dream within reach with the Grand Carnival Sale, running from 25th October to 1st November, offering unbeata... |
| Oct 25, 2024 | Ixigo Expands Into Train Food Delivery with Majority Stake in Zoop Through this acquisition, Ixigo has introduced a new "Food on Train" feature that enables users to pre-order meals for seat delivery with real-time tracking, diverse meal options, and free cancellations before the cut-off t... | Online travel aggregator Ixigo has announced its entry into the train food delivery market by acquiring a 51% majority stake in Zoop, a train food delivery service and an authorised IRCTC e-catering partner, for INR 12.54 crore.
The deal, c... |
| Sep 23, 2024 | Swiggy's IPO: A Culinary Leap into the Stock Market | Swiggy is stirring the pot. The food delivery giant is gearing up for a significant IPO, aiming to raise Rs 5,000 crore, roughly $602 million. This move marks a pivotal moment for the Bengaluru-based company, which has been a staple in the ... |
| Sep 21, 2024 | Peak XV, others sell their Rs 1,600 crore stake in MamaEarth’s parent company | In total, Stellaris Ventures, Sofina Ventures, Fireside Ventures, and Peak XV (previously Sequoia Capital) sold shares in Honasa Consumer Limited, the parent company of the direct-to-consumer (D2C) skincare and beauty brand MamaEarth, for R... |
| Aug 17, 2024 | Archer Aviation Raises $230 Million to Deploy Flying Taxis in 2026: Startup Funding Roundup | Archer Aviation has now raised over $1.3 billion and has buy-in from auto manufacturer Stellantis, United Airlines, Southwest Airlines, and more.
There’s a plan for route networks all around California. And the company has billions of dolla... |
| Aug 16, 2024 | Fresh Bus Secures INR 87.5 Cr in Series A Round to Expand Electric Bus Network Fresh Bus will use its new funding to expand its route network with 15 additional routes and launch 150 electric buses. The funds will also support fleet growth, operational scaling, technology enhancements, and stren ... | Bengaluru-based intercity bus startup Fresh Bus has raised INR 87.5 crore (USD 10.5 million) in its Series A round led by international early-stage transportation-focused VC fund Maniv, with participation from Shell Ventures, Alteria Capita... |
| Aug 15, 2024 | Ixigo-Backed Bus Startup Raises $10.5 Million – India Report | Electric digital intercity bus startup Fresh Bus has raised INR 875 million ($10.5 million) in its Series A funding round. FreshBus, which offers ticketing, real-time tracking of buses, loyalty program, among other services, was founded by ... |
| Aug 14, 2024 | ixigo-backed all-electric intercity bus startup Fresh Bus raised $10.5 M Series A funding | The international early-stage transportation-focused venture capital fund Maniv led a Series A funding round of Rs 87.5 crore ($10.5 million) for the all-electric intercity bus startup Fresh Bus. Other investors in the round included Riverw... |
| Aug 13, 2024 | Fresh Bus raises Rs 87.5 Cr in Series A round led by VC fund Maniv
Recommended Stories For You | Bengaluru-based intercity bus startup Fresh Bus has raised Rs 87.5 crore ($10.5 million) through its Series A funding round. The round was led by international early-stage transportation-focused VC fund Maniv, with participation from Shell ... |
| Jul 14, 2024 | Awfis, Zomato Touch All-Time High Mark Amid A Mixed Week For New-Age Tech Stocks | SUMMARY
Awfis emerged as the biggest gainer, with its shares zooming over 12% this week
Paytm, Zomato, Nykaa, PB Fintech, and ixigo were among the 10 new-age tech stocks which gained this week
Yudiz emerged as the biggest loser this week. M... |
| Jul 7, 2024 | New-Age Tech Stocks Gain This Week On Broader Market Rally, Mamaearth Biggest Gainer | SUMMARY
Shares of Mamaearth surged over 11% this week, followed by Tracxn Technologies (up nearly 10%)
Recently-listed ixigo zoomed 8.7% this week after it reported over 200% year-on-year jump in its net profit to INR 73.1 Cr in FY24
Sensex... |
| Jul 5, 2024 | ixigo Jumps Over 7% Post Strong FY24 Earnings | SUMMARY
ixigo shares jumped 7.7% to INR 176.55 during the intraday trading on the BSE on Friday
On Thursday, the OTA posted strong FY24 earnings as its net profit more than tripled YoY to INR 73.1 Cr and operating revenue rose almost 31% to... |
| Jul 4, 2024 | ixigo FY24: Profit Jumps Over 200% To INR 73.1 Cr, Train Bookings Biggest Revenue Source | SUMMARY
ixigo’s operating revenue increased almost 31% to INR 655.9 Cr in the reported fiscal year from INR 501.2 Cr in FY23
The train ticketing segment continued to be the biggest revenue contributor, with its revenue surging 24% YoY to IN... |
| Jul 3, 2024 | FirstCry and Unicommerce receive approval for their IPO from SEBI | Initial public offerings (IPOs) by SoftBank-backed FirstCry, an omnichannel retailer with a focus on kids’ products, and Unicommerce, an e-commerce SaaS startup, have been given final approval by the Security Exchange Board of India (SEBI).... |
| Jul 1, 2024 | SoftBank-backed FirstCry, Unicommerce get SEBI nod for IPOs | The SoftBank logo at its headquarters in Tokyo | Credit: Reuters
Two companies backed by SoftBank--Brainbees Solutions Ltd, the parent company of baby products retailer FirstCry and e-commerce-focused SaaS company Unicommerce eSolutions--ha... |
| Jun 24, 2024 | SEBI approves Ola Electric’s $660 M IPO | The Security Exchange Board of India (SEBI) has finally given Ola Electric the all-clear to proceed with its initial public offering (IPO), six months after the company filed a draft red herring prospectus (DRHP).
Ola Electric submitted the... |
| Jun 24, 2024 | ixigo Expands Partnership With PhonePe, Adds Bus And Flight Bookings | SUMMARY
This comes close on the heels of Le Travenues Technology, the parent company of ixigo, making a strong debut on the stock exchanges last Tuesday, opening significantly higher than the issue price
Earlier, ixigo claims to have partne... |
| Jun 23, 2024 | New-Age Tech Stocks Continue Their Bull Run; MapmyIndia Biggest Gainer This Week | SUMMARY
Fifteen out of the 23 new-age tech stocks under Inc42’s coverage gained this week in a range of 0.05% to about 29%, with MapmyIndia emerging as the biggest gainer
DroneAcharya Aerial Innovations was the biggest loser this week. Payt... |
| Jun 22, 2024 | ixigo Brushes Past Other New-Age Tech Stocks With 25% Gains In First Four Sessions | SUMMARY
Shares of ixigo listed at INR 135 on the BSE on Tuesday and ended the week at INR 169.18, a gain of 25.3% in four trading sessions
PB Fintech, which listed on the bourses on November 15, 2021, saw its shares rise 15.7% in the first ... |
| Jun 20, 2024 | ixigo Shares Break 2-Day Winning Streak, Slump 10.4% Intraday | SUMMARY
After falling 10.4% during the intraday trading, ixigo shares ended Thursday’s session 9.4% lower at INR 167.75 on the BSE
After getting listed at a 45.16% premium on the BSE earlier this week, ixigo rallied 37% from its listing pri... |
| Jun 18, 2024 | ixigo Shares Jump 20% To Hit Upper Circuit On Listing Day | SUMMARY
The shares jumped 20% and were locked in the upper circuit at INR 161.99 on the BSE. Similarly, the stock jumped 20% to 165.72 on the NSE
Earlier today, ixigo made a stellar debut on the Indian bourses, listing at a 45.16% premium t... |
| Jun 17, 2024 | Trucking marketplace Blackbuck converts to public company | The internet-based trucking marketplace Blackbuck has gone public. With this, the business takes a step closer to its intended initial public offering (IPO).
The resolution to convert Blackbuck from a private to a public company has been ap... |
| Jun 17, 2024 | ixigo IPO: Shares Likely To List At 30% Premium Over Issue Price Of INR 93 | SUMMARY
Ahead of the debut, the company’s shares fetched a premium of INR 29-30 in the unlisted market, reflecting a 31% premium over the issue price
Based on current trends, analysts estimate the listing price of ixigo’s IPO to be around I... |
| Jun 12, 2024 | ixigo IPO: Issue Closes With 98.34X Oversubscription | SUMMARY
ixigo’s IPO received bids for 430.40 Cr shares against the 4.37 Cr on offer, resulting in an oversubscription of 98.34X
While interest from QIBs picked up on the final day of bidding resulting in an oversubscription of 106.73X, NIIs... |
| Jun 11, 2024 | ixigo IPO: Public Issue Subscribed 9.33X On Day 2 As NII Interest Picks Up | SUMMARY
ixigo IPO received bids for 40.83 Cr shares on Day 2 as against the 4.37 Cr shares on offer
While the NII quota was oversubscribed 20.14X, the portion reserved for retail individual investors was oversubscribed 18.73X
The online tra... |
| Jun 10, 2024 | ixigo IPO: Retail Portion Subscribed Over 5X On Day 1 | SUMMARY
As of 03:52 PM, retail investors placed bids for 4.43 Cr shares as against 79.58 Lakh shares on offer
Non-institutional investors placed bids for 2.26 Cr shares as against 1.19 Cr shares reserved for them, resulting in an oversubscr... |
| Jun 10, 2024 | ixigo IPO: Issue Subscribed 1.95X On Day 1 On Strong Demand From Retail Investors | SUMMARY
Investors placed total bids for 8.55 Cr shares on the first day as against 4.38 Cr shares on offer
The retail investors’ portion was oversubscribed 6.21X, as they placed bids for 4.95 Cr shares of ixigo as against 79.58 Lakh shares ... |
| Jun 8, 2024 | Ixigo's Ascension to IPO Triumph: A Journey of Strategic Investments and Promising Growth | Le Travenues Technology Limited, the visionary force behind the popular travel booking platform Ixigo, has recently secured a substantial sum of Rs 333 crore from anchor investors in anticipation of its much-anticipated initial public offer... |
| Jun 8, 2024 | Ixigo's Voyage to the Stock Market: A Journey of Growth and Opportunity | Le Travenues Technology Limited, the mastermind behind the popular travel booking platform Ixigo, is on the brink of a significant milestone as it prepares to make its debut on the stock exchanges on June 10th. The company has set the price... |
| Jun 8, 2024 | Ixigo completes a pre-IPO secondary placement of Rs. 176 Cr | Le Travenues Technology Limited, the company behind the travel booking website Ixigo, is scheduled to go public on stock exchanges on June 10th, with a price range of Rs 88-93 per share.
A day before Anchor Book, the company revealed that i... |
| Jun 8, 2024 | Before going public, Ixigo raised Rs 333 Cr from anchor investors | As part of its initial public offering, parent company Le Travenues Technology Limited, which operates the travel booking platform Ixigo, has made shares valued at Rs 333 crore ($40 million) available to anchor investors.
Ixigo’s regulatory... |
| Jun 7, 2024 | Ixigo closes Rs 176 Cr pre-IPO secondary placement | Le Travenues Technology Limited, which operates travel booking platform Ixigo, is all set to make its debut on stock exchanges on 10th June with the price band of Rs 88-93 per share.
The firm announced its pre-IPO secondary placement of Rs ... |
| Jun 7, 2024 | ixigo IPO: OTA Raises INR 333 Cr From 23 Anchor Investors | SUMMARY
The online travel aggregator allocated 3.58 Cr shares to the anchor investors at the upper end of its IPO price band of INR 93 per equity share
SBI Mutual Fund, HDFC Mutual Fund, Government of Singapore were among the anchor investo... |
| Jun 7, 2024 | Ixigo floats Rs 176 Cr pre-IPO secondary placement | Le Travenues Technology Limited, which operates travel booking platform Ixigo, is all set to make its debut on stock exchanges on 10th June with the price band of Rs 88-93 per share.
The firm announced its pre-IPO secondary placement of Rs ... |
| Jun 7, 2024 | Ixigo raises Rs 333 Cr from anchor investors ahead of IPO | Le Travenues Technology Limited, the parent company of travel booking platform Ixigo, has offered Rs 333 crore ($40 million) worth of shares to anchor investors as part of its initial public offering.
The board at Ixigo has passed a resolut... |
| Jun 5, 2024 | Ixigo Parent Le Travenues Announces IPO Opening Date and Details With holdings of 23.37 percent and 15.66 percent, respectively, SAIF Partners and Peak XV are the company's largest shareholders. | |
| Jun 5, 2024 | Travel portal ixigo's parent looking to raise up to Rs 740 cr via IPO | |
| Jun 5, 2024 | ixigo Sets IPO Price Band At INR 88-93, Aims To Raise INR 740 Cr | SUMMARY
ixigo’s IPO comprises a fresh issue of shares worth INR 120 Cr and an offer for sale component of 6.67 Cr shares worth INR 620 Cr
ixigo is set to become the fourth new-age tech startup to go for a mainboard IPO in 2024 after Awfis, ... |
| Jun 4, 2024 | Online Travel Aggregator ixigo’s IPO To Open On June 10 | SUMMARY
The public issue will close on June 12, while anchor investor bidding will take place on June 7
About 75% of the IPO is reserved for QIBs, while 15% and 10% of the public issue has been earmarked for NIIs and retail investors, respe... |
| May 22, 2024 | Ixigo gets SEBI nod for IPO; Oyo withdraws listing plans | Le Travenues Technology Limited, which operates the travel booking platform ixigo, has received the final nod from SEBI for its initial public offering (IPO), the market watchdog notified on Wednesday.
In February, Ixigo re-filed its draft ... |
| May 22, 2024 | Ixigo's parent firm, Bansal Wire Industries get Sebi's nod to float IPO | |
| May 4, 2024 | IvyCap Ventures’ managing partner Tej Kapoor resigns | Early-stage VC fund IvyCap Ventures’ managing partner Tej Kapoor has exited from the firm and joined ICICI Venture as a director/partner.
In his two year tenure Kapoor held positions in Celcius Logistics Solutions, Agraga, and GradRight has... |
| Apr 10, 2024 | Vistara issues spike airfares by 20-25% | AVIATION & AIRPORTS Vistara issues spike airfares by 20-25%
10 Apr 2024 2 Min Read CW Team
Travellers will have to pay more for domestic flights this summer season, as airfares are expected to surge by 20-25 percent. This surge comes am... |
| Mar 21, 2024 | Long Weekend: Airfares, hotel rates shoot up ahead of Holi, Good Friday | As March draws to a close, two consecutive long weekend opportunities – Holi and Good Friday – are driving up hotel occupancy and airfares across major routes.
According to travel platform Cleartrip, hotel bookings have seen a 3.5 times spi... |
| Mar 19, 2024 | boAt, Ixigo Backer Malabar Investments Eyeing Stake In SUGAR Cosmetics Via Secondary Deal | SUMMARY
Upon completion of the deal, it is likely to value SUGAR Cosmetics at around INR 2,900 Cr
This transaction might see partial exits from early investors of SUGAR Cosmetics
The involvement of Malabar Investments could potentially open... |
| Mar 19, 2024 | DS Group's Pulse Candy Shines a Light on Local Heroes this World Compliment Day | New Delhi, Delhi, India
In celebration of World Compliment Day, Pass Pass Pulse, a prominent hard-boiled candy brand from the DS Group, a multi-business corporation, and FMCG conglomerate, commemorated the occasion with a heartfelt campaign... |
| Feb 15, 2024 | Ixigo hopes to raise Rs 120 Cr through new issue, resumed IPO process | A draft red herring prospectus (DRHP) for an initial public offering (IPO) has been filed with the Security Exchange Board of India (SEBI) by Le Travenues Technology Limited, the parent company of online travel aggregator (OTA) ixigo.
The c... |
| May 12, 2023 | Tweekly. Выпуск 169. ИИ тренер по киберспорту | Новые и интересные AI-инструменты
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1. Amy - бот от Crypto.com, обучает крипте, помогает анализировать крипторынки, токены, листинги и вот это все. (ссылка)
2. Khanmigo — образовательный бот от Khan Academy. Репетитор... |
| Mar 17, 2023 | ixigo Postpones INR 1,600 Cr IPO Amid Negative Market Sentiment | Given the market sentiment, it doesn’t make sense to go for IPO right now: ixigo cofounder and group CEO Aloke Bajpai
Bajpai said that the online travel platform will rely on its free cash flow, given the volatility in the market right now
... |
| Dec 20, 2021 | Online travel aggregator ixigo gets Sebi nod for Rs 1,600-crore IPO | Le Travenues Technology, which operates online travel aggregator ixigo, has received stock market regulator nod to launch its Rs 1,600-crore share- sale offer.
The offer comprises fresh issue of shares worth Rs 750 crore and an offer for sa... |
| Aug 13, 2021 | Travel aggregator ixigo files for $215 mn IPO | Ravindra N Sonavane 13 Aug, 2021
Le Travenues Technology Ltd, parent holding of travel platform ixigo, has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
The... |
| Aug 13, 2021 | Travel app ixigo files for a ₹1,600 crore IPO | ixigo’s parent company Le Travenues Technology has filed preliminary papers for the IPO.
The company aims to raise ₹750 crore through fresh issue and ₹850 crore through secondary issue.
The issue would offer partial exits to investors such... |
