Trilegal, Resolüt Partners Act On Prosus’ Investment In Ixigo

Trilegal & Resolüt Partners advised on Prosus’ USD 150 Million investment for a minority stake in the online travel portal Ixigo.

Trilegal advised Prosus on the acquisition of a 14.64% stake in Ixigo (listed on the BSE and NSE). The transaction was structured as a combination of a preferential allotment and secondary share purchases.

The Corporate Team advising on the matter was led by Partners Harsh Maggon and Harsh Jain and supported by Senior Associates Ekta Janghu, Nehal Binani, Radhika Bihani, Divyansh Nayar, and Associates Atishay Jain, Manya Chhabra, Aman Jha, Shruti Kunisetty, and Aishani Navalkar.

The Competition Team advising on the matter was led by Partner Gautam Chawla, and supported by Senior Associate Shruthi Rao, and Associates Umang Chaturvedi and Shambhavi Sirothia.

Resolüt Partners advised ixigo on its ~USD 150 million (INR 1295 crore) fundraise from Prosus (MIH Investments One B.V.). The deal team included Sidharth Kumar, Samaahith, Shivam Yadav, and Shreyas Bhushan.

The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.

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