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PROSUS INVESTMENT IN IXIGO
Ixigo acquires majority stake in hotels brand Brevistay for Rs 66 croreGurugram-based Ixigo has acquired a 55% stake in hotel-booking brand Brevistay for Rs 66 crore, significantly strengthening its hotels busi...- Ixigo posts 8.5% rise in Q4 revenue, clocks profit of Rs 32 croreIxigo's parent, Le Travenues Technology, reported an 8.5% year-on-year increase in operating revenue to Rs 308 crore for the March quarter,...
- Ixigo acquires 60% stake in Spain-based train ticketing platform Trenes for Rs 125 croreLe Travenues Technology, the parent company of online travel aggregator Ixigo, will have the right to acquire the remaining stake in the fu...
- Ixigo parent shares tumble 16% post Q3 results. Buy the dip or bail out?The selloff follows management commentary on resilient operating performance during December, a month marked by industry-wide disruptions a...
- Ixigo posts 31% rise in Q3 revenues, clocks profit of Rs 24 croreLe Travenues Technology, parent of Ixigo, reported strong quarterly growth, with operating revenue rising 31% to Rs 317 crore and net profi...
- Travel firms tune into AI tech big timeIndians are increasingly turning to AI platforms for personalised travel planning, and online travel platforms are rushing to tap into this...
- Dutch firm Prosus invests in Rapido, Ixigo to expand India ecosystemProsus is boosting its investments in India. The Dutch firm is becoming a major shareholder in Rapido and Ixigo. These companies will join ...
- Prosus intensifies India strategy, aims to replicate LatAm successProsus aims to deepen its B2C offerings and maximise cross-platform benefits in India by integrating Rapido and Ixigo with existing portfol...
- Prosus broadening India remit to back firms at all stagesSpeaking to ET after Prosus reported its half-yearly earnings, its India ecosystem head Ashutosh Sharma said the investor has the ability t...
- Prosus doubles half-year core profit amid e-commerce pivotProsus reported a 99% surge in adjusted half-year core profit, reaching $423 million, driven by strong digital services and e-commerce perf...
- Rapido leads India’s mobility market, says Prosus CEO Fabricio BloisiBengaluru's Rapido has emerged as India's top mobility player, according to Prosus CEO Fabricio Bloisi. The Dutch investor, increasing its ...
- Prosus eyes growth across private and public markets: Gaurav KothariProsus recently made its first investment in a listed Indian firm, acquiring a 10.1% stake in Ixigo, the parent of travel platform Le Trave...
- Ixigo parent Le Travenues Technology shares plunge 19% after reporting net loss in Q2Ixigo’s shares fell nearly 19% after reporting a Q2 net loss of Rs 3.4 crore, despite robust 37% revenue growth and higher margins. Prosus ...
- Ixigo posts 37% revenue growth; slips into loss on one-time costsTotal expenses were up at Rs 290 crore from Rs 191 crore YoY. A significant amount of the expenditure was attributed to employee benefits a...
- India’s chip debut, Sebi chief’s quantum warningHappy Thursday! A made-in-India chip module is headed to the US. This and more in today’s ETtech Morning Dispatch.
- Coinbase ups CoinDCX bet; Prosus picks Ixigo stakeCoinbase is increasing its investment in the Indian cryptocurrency exchange CoinDCX. This and more in today's ETtech Top 5.
- Prosus buys additional stake in Ixigo; Peak XV, Elevation sell sharesDutch investment firm Prosus has significantly increased its stake in Ixigo's parent company, Le Travenues Technology, by acquiring an addi...
- Prosus buys 10% of Ixigo parent for Rs 1,296 crore; in talks to acquire additional stake from early investorsIxigo's parent company, Le Travenues Technology, is selling a 10% stake to Prosus for Rs 1,295 crore. The deal involves selling over 4.62 c...
- Prosus backs Ixigo; Bira's founder brews troubleIxigo is selling a 10% stake to Prosus to fund its growth plans. This and more in today's ETtech Top 5.
- Swiggy’s Rs 10,000-crore issue largest among new-age IPOs since Paytm: key things to knowFood and grocery delivery firm Swiggy has filed an updated prospectus for its proposed initial public offering (IPO) comprising a fresh iss...
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