In a significant development within India's travel technology sector, Dutch investment firm Prosus has increased its stake in Le Travenues Technology Ltd, the parent company of online travel platform ixigo. This move underscores Prosus's growing confidence in ixigo's trajectory and the broader Indian digital ecosystem.
Prosus's Strategic Acquisition
On October 10, 2025, Prosus, through its subsidiary MIH Investments One B.V., acquired approximately 1.3 crore shares of ixigo, amounting to a 3.16% stake. The shares were purchased from Peak XV Partners in an off-market secondary transaction valued at around ₹414.4 crore (approximately $47 million), based on the stock's closing price of ₹318.7
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