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IXIGO STOCK UPDATE
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 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...
- 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 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...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let's take a look.
- Gainers & Losers: Titan and Vijay Kedia stock among 8 scrips under spotlight on WednesdayIndian markets ended lower on Wednesday, with Nifty and Sensex breaking their four-day winning streak amid weakness in auto, pharma, and ba...
- Elevation Capital sells Rs 226 crore worth shares in Ixigo parent Le Travenues TechnologyThe early-stage venture capital firm has been reducing its shareholding in the parent of the online travel aggregator. Last month, it sold ...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Ixigo shares may rally 26% in a year, deserve premium valuation: JM FinancialIxigo initially leveraged its platform to successfully cross-sell flight and bus ticketing services to its existing lower-tier customer bas...
- MFs growing startup bet, Ola's EY rescue, Upgrad’s shakeupHappy Wednesday! Domestic mutual funds are going big on new-age startups listed on the public markets. Details on this and more in today’s ...
- New-age tech IPOs make a comeback after three-year lull; raise Rs 15,000 crore in 2024: reportIn 2024, six major IPOs including Ola Electric, FirstCry and Go Digit General Insurance raked in as much as Rs 14,571 crore. This number is...
- 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...
- Ixigo operator Le Travenues Tech's shares turn multibagger, zoom 112% in two daysShares of Le Travenues Technology, which operates online platforms such as Ixigo and Abhibus, surged 19% on Wednesday to reach a day's high...
- Ixigo shares jump 20% after a robust debut at the bourses. Should you hold or book profits?The impressive listing performance of Le Travenues Technology indicates the overwhelming investor response during the IPO, which saw a subs...
- Ixigo shares debut at 48.5% premium over issue priceIxigo IPO was booked nearly 98.34 times at close on strong interest from non-institutional and institutional buyers. Ahead of the listing, ...
- Surprise poll results impact startups' plans, and other top stories this weekIn a week charged with political buzz, the BJP government came back to power after a stormy election, but without a full majority that left...
- ED summons crypto execs; startup valuations drop sharplyED has issued notices to a few crypto firms and summoned their top executives as it probes alleged violations of India’s foreign exchange l...
- Ixigo, Sahajanand Medical Tech, Keventer Agro get Sebi's go-ahead to float IPOsThese three companies, which filed their preliminary IPO papers with Sebi between August and September, obtained observation letter from th...
- ETtech Evening Briefing on Feb. 4, 2021: BigBasket rebounds, Elon Musk backs Dogecoin, Greta Thunberg meets NoidaBigBasket says it recorded a 36% jump in revenue in 2019-20. Ixigo acquires ticket-booking platform Confirmtkt. Elon Musk breaks Twitter ex...
- How to snag the best online dealsCut-throat competition and shopping festivals ensure that prices are always coming down. To take advantage of this, everyone needs a little...
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