One of India’s biggest startup bets has just paid off — big time. In a blockbuster exit move, Elevation Capital has sold shares worth Rs 226 crore in Ixigo’s parent company, Le Travenues Technology, locking in an eye-popping 31.6X return on its investment.
This latest offload, executed through a bulk deal, continues Elevation’s systematic stake reduction in the travel-tech giant following…
Elevation Capital, the venture capital powerhouse formerly known as SAIF Partners, has struck gold once again. In its fourth partial exit from online travel giant ixigo, the firm just pocketed a whopping ₹97.4 crore — and that’s not even the whole story.
With this latest sale, Elevation has reportedly earned an eye-watering 25x return on investment, proving once again why it’s considered…
