Elevation Sells More Ixigo Shares Worth ₹226 Cr in July 2025
In a recent development, Elevation Capital, a prominent investment firm, has sold a significant portion of its stakes in Ixigo, a leading travel booking platform, worth ₹226 crore in July 2025. This move has reduced Elevation’s stake in Ixigo to 6.45%. The sale comes on the heels of earlier exits in May and June, which have netted Elevation a staggering 25X return.
The sale of shares is a testament to the growing confidence in India’s digital travel space, which has seen a significant surge in recent years. Ixigo’s strong Q4 FY25 growth and strategic acquisitions have been instrumental in driving investor confidence, making it an attractive proposition for investors.
Schroder International, a well-established investment firm, has reportedly purchased shares worth ₹97 crore, further solidifying its position in the Indian digital travel landscape.
Ixigo’s impressive performance has been driven by its focus on innovation, strategic partnerships, and expansion into new markets. The company’s commitment to leveraging technology to simplify the travel booking process has resonated with customers, resulting in significant growth and increasing its market share.
Elevation Capital, known for its astute investment decisions, had initially invested in Ixigo in 2018. The firm’s decision to sell a portion of its stakes in Ixigo is a clear indication of its confidence in the company’s growth prospects and potential for future returns.
The sale of shares has sparked interest among investors, who are eager to capitalize on the growing demand for travel booking services in India. The country’s digital travel market is expected to continue its upward trajectory, driven by increasing internet penetration, rising disposable incomes, and a growing middle class.
Ixigo’s strong Q4 FY25 growth has been driven by a significant increase in bookings, which has been fueled by the company’s expansion into new markets and its focus on providing users with a seamless travel booking experience. The company’s acquisition of several travel-related businesses has also contributed to its growth, enabling it to diversify its offerings and expand its reach.
Elevation Capital’s decision to sell shares in Ixigo is a significant development in the Indian digital travel space, as it reflects the growing confidence among investors in the sector’s long-term potential. The sale of shares is a clear indication that Ixigo is well-positioned to continue its growth trajectory, driven by its innovative approach, strategic partnerships, and expansion into new markets.
In conclusion, Elevation Capital’s sale of Ixigo shares worth ₹226 crore in July 2025 is a significant development that reflects the growing confidence among investors in India’s digital travel space. The sale of shares is a testament to Ixigo’s strong growth prospects and its potential for future returns. As the Indian digital travel market continues to evolve, Ixigo is well-positioned to capitalize on the growth opportunities, driven by its innovative approach, strategic partnerships, and expansion into new markets.
Source:
https://ascendants.in/business-stories/elevation-capital-sells-ixigo-shares/
