Ixigo has primarily been known for its bus and train segment. (Photo source: Ixigo website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Ixigo's parent, Le Travenues Technology Ltd.’s board has approved a Rs 1,296 crore fundraise through a preferential share issue, the company informed the exchanges on Friday.

“The board of directors of Le Travenues Technology Ltd. (Ixigo) at its meeting held today, i.e., October 10, 2025, inter-alia, considered and approved,” the issue.

The company will issue 4.6 crore shares at Rs 280 apiece, with proceeds earmarked for AI and tech investments, acquisitions, working capital, and general corporate purposes. MIH Investments One B.V., managed by Prosus, will hold a 10.1% stake post-issue.

The company informed the exchanges that, Up to

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