Prosus backs Ixigo; Bira’s founder brews trouble

Ixigo is selling a 10% stake to Prosus to fund its growth plans. This and more in today’s ETtech Top 5.

Also in the letter:
■ WeWork India’s muted debut
■ Rishi Sunak’s AI pivot
■ TCS’ big staff cut

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Ixigo sells 10% stake to Prosus for Rs 1,295 crore to fund expansion

(L-R) Rajnish Kumar and Aloke Bajpai, founders, Ixigo

Online travel aggregator Ixigo is selling a slice of itself to Dutch investment firm Prosus to fund its growth plans. The board of its parent company, Le Travenues Technology, approved the stake sale on…