Travel app ixigo’s IPO to shower Elevation Capital, others with minimum 27% returns

Travel app ixigo’s initial public offering (IPO) will get a minimum 27% returns for financial investors Elevation Capital, Sequoia Capital and Fosun International, going by a VCCircle analysis. The Rs 1,600 crore IPO, for which draft papers were filed recently, will multiply the decade-long investment of venture capital and growth equity ......