Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Dutch firm Prosus buys 10.1% of Ixigo’s parent for $146M, aiming to boost AI and expansion.
Dutch investor Prosus has acquired a 10.1% stake in Ixigo’s parent company, Le Travenues Technology, for ₹1,295.56 crore ($146 million), buying 46.27 million shares at ₹280 each.
The funds will be used for AI development, hotel business expansion, acquisitions, working capital, and general corporate purposes.
The deal, pending shareholder approval, marks Prosus’s first investment in a publicly traded Indian tech firm and grants it the right to appoint a board director if it maintains at least a 10% stake.
Ixigo, which went public in June 2024, has seen its share price more than double since its IPO.
12 Articles
La firma holandesa Prosus compra el 10.1% de la empresa matriz de Ixigo por $ 146M, con el objetivo de impulsar la IA y la expansión.