<ul data-eligibleForWebStory="true"><li>Elevation Capital sells 53.9 lakh shares in Ixigo's parent company, Le Travenues Technology, for Rs 97.4 crore, making a 25x return.</li><li>Schroder International Selection Fund acquires 53.6 lakh shares in Ixigo worth Rs 96.9 crore.</li><li>Elevation Capital continues to hold a 12% stake in Ixigo after selling part of its shares.</li><li>Elevation Capital had initially invested Rs 63.1 crore in Ixigo through various tranches.</li><li>Ixigo reported a net profit surge of 128% YoY to Rs 16.7 crore for the quarter ended March.</li><li>Ixigo's operating revenue for the quarter was Rs 284 crore, up 72% YoY, driven by growth in all business segments.</li><li>Ixigo, founded in 2007, offers travel booking services and utility tools such as train PNR status and seat availability updates.</li><li>Ixigo has 544 million annual active users and 83 million monthly active users.</li><li>The company provides personalised recommendations and automated customer support.</li><li>Ixigo's IPO was listed on June 18 last year at Rs 138, closing at Rs 176.05 on Thursday.</li></ul>

Elevation Capital sells Ixigo shares worth Rs 97.4 crore; Schroder buys stake

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