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Prosus buys 10% stake in Ixigo parent for ₹1,295 cr

Mint Ahmedabad

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October 11, 2025

Travel tech platform Ixigo has sold a 10% stake in the company to Dutch investor Prosus for ₹1,295 crore, which it plans to use primarily for investing in artificial intelligence, expanding its hotel business, and acquisitions.

- Sakshi Sadashiv

The company had earlier disclosed plans to sell an up to 16% stake.

Ixigo’s parent company, Le Travenues Technology, will issue 46.2 million equity shares at ₹280 apiece to MIH Investments One BV, a venture capital fund managed by Prosus Ventures.

Shares of Le Travenues settled about 2% higher at ₹318.75 apiece on the BSE on Friday.

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