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Dutch technology investor prosus will buy a 10.1% stake in india's ixigo for 12.96 billion rupees ($146 million), the online travel booking platform said on friday. Prosus to invest rs 1,296 cr in ixigo for 10.1% stake this marks one of the largest primary fundraises by a listed indian tech company in recent times. Ixigo's parent company, le travenues technology, is selling a 10% stake to prosus for rs 1,295 crore

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The deal involves selling over 4.62 crore shares at rs 280 each, a 10% discount to thursday's closing price For prosus, the deal enhances its investment in india's consumer internet sector. Proceeds will fund growth and working capital needs.

Global tech company prosus acquires 10.10% stake in ixigo for ₹1,296 crore, aiming to boost growth and expand.

Ixigo has sold a 10% stake to prosus for ₹1,295 crore, aimed at investing in ai, hotel expansion, and acquisitions