<ul data-eligibleForWebStory="true"><li>Elevation Capital sells a portion of its shares in Ixigo, yielding an estimated 25-fold return on investment.</li><li>Approximately 53.9 lakh shares were sold at Rs 180 each, totaling Rs 97.4 crore, in a recent block deal.</li><li>Schroder International Selection Fund acquired 53.6 lakh shares for Rs 96.9 crore in the same deal.</li><li>This marks Elevation Capital's fourth partial sale of shares in Ixigo.</li><li>The firm previously divested shares worth Rs 100 crore in a pre-IPO secondary transaction and another ₹181 crore through the IPO.</li><li>Ixigo, founded in 2007, offers travel booking services for trains, flights, and buses, along with utility tools.</li><li>The company saw a 128% YoY rise in quarterly net profit for March 2025, totaling Rs 16.7 crore.</li><li>Operating revenue surged 72% to Rs 284 crore, reflecting strong growth across its verticals.</li><li>On an annual basis, Ixigo reported FY25 revenue of Rs 914 crore, up 39% YoY, with a net profit of Rs 60.2 crore.</li><li>Ixigo claims 544 million annual active users and 83 million monthly active users across its platforms.</li></ul>

Elevation Capital makes fourth partial exit from ixigo

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