Informative

Elevation bags 31.6X return in latest Rs 226 Cr Ixigo stake sale; Schroder

Update / Judgement Date

25 Jul 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate Law & GovernanceFinancial Management

Elevation Capital, a prominent venture capital firm, recorded a significant "3.16x return in its latest ₹226 crore IXIGO stake sale," with Schroder increasing its holding to 5.17%. This successful exit highlights Elevation Capital's astute investment strategy in the travel tech firm. Schroder's increased stake signals strong confidence in IXIGO's growth trajectory and market position. This transaction underscores a positive trend for venture capital firms in India, demonstrating successful liquidity events and attracting further institutional investment into promising startups.

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Elevation bags 31.6X return in latest Rs 226 Cr Ixigo stake sale; Schroder

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