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VCGuy

Believe me, it’s not... • 1y

Ixigo IPO will see VCs reaping bumper returns📈 Key investors include⤵️ - Elevation Capital (Previously SAIF) - ₹63 crore invested, ROIC ⏩ ~13X - Peak XV - ₹67 crore invested, ROIC ⏩ ~8X Fun Fact: MakeMyTrip, Ixigo's biggest competitor, was also a significant investor. MMT exited in 2021, it turned a $4.8 million investment into a $38.5 million exit, achieving an 8x return.

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