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Elevation Capital Offloads ixigo Shares Worth INR 38.27 Cr

  • VC firm Elevation Capital, formerly SAIF Partners India, sold over 21.5 Lakh shares of ixigo in a block deal worth INR 38.27 Cr.
  • Elevation Capital held a 14.02% stake in ixigo by the end of the March quarter of 2025.
  • ixigo's shares have been on an upward trend despite market volatility, currently up about 87.7% from their listing price of INR 93.
  • The OTA's consolidated net profit surged 127% to INR 16.8 Cr in Q4 FY25, while revenue from operations increased by 72% to INR 284.1 Cr.

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