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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Prosus buys additional stake in Ixigo; Peak XV, Elevation sell shares

Dutch investment firm Prosus has significantly increased its stake in Ixigo's parent company, Le Travenues Technology, by acquiring an additional 5.33% from existing shareholders Elevation Capital and Peak XV Partners. This follows Prosus's recent 10.1% purchase, marking its first investment in a listed Indian firm and its second major new-age Indian company investment this year.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/prosus-acquires-more-stake-in-ixigo-peak-xv-and-elevation-sell-shares/124595211
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