ixigo to sell 17.39% stake in FreshBus for Rs 36.6 Cr; holding to drop below 10%

Le Travenues Technology, the parent company of travel booking platform ixigo, has agreed to sell its 17.39% stake in electric intercity bus startup FreshBus to Twelve Stone LLP for Rs 36.6 crore, according to a regulatory filing. The transaction, agreed on August 13, is expected to be completed by August 30. Following the sale, ixigo’s … Continue reading ixigo to sell 17.39% stake in FreshBus for Rs 36.6 Cr; holding to drop below 10%