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VCGuy

StealthĀ ā€¢Ā 6m

Ixigo IPO will see VCs reaping bumper returnsšŸ“ˆ Key investors includeā¤µļø - Elevation Capital (Previously SAIF) - ā‚¹63 crore invested, ROIC ā© ~13X - Peak XV - ā‚¹67 crore invested, ROIC ā© ~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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Ixigo just got the green light from SEBI for its Rs 1,600 crore IPO. Yep, they're aiming to raise Rs 750 crore with fresh shares and offload another Rs 850 crore. Investors like Saif Partners and Micromax are cashing out big. Ixigoā€™s founders ar

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