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ixigo raises $53 mn from GIC, Info Edge in pre-IPO round: Report
short by Hiral Goyal / on Tuesday, 27 July, 2021
AI-based travel app ixigo has raised $53 million through a combination of primary and secondary issuance of shares from investors, PTI reported citing regulatory filings. The round was led by Singapore-based sovereign wealth fund GIC and saw participation from Info Edge Ventures, White Oak, Bay Capital and others. ixigo is reportedly planning to raise ₹1,500-₹1,800 crore via IPO in 2021.
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