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Xpro India Ltd raises INR 125 Crores in equity resources upon conversion of warrants issued to the Malabar India Fund Ltd

Xpro India Ltd raises INR 125 Crores in equity resources upon conversion of warrants issued to the Malabar India Fund Ltd
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Malabar India Fund Ltd to invest in XPRO India Ltd

XPRO India Ltd has entered into a Securities Subscription Agreement (SSA), with Malabar India Fund Limited, a category I Foreign Portfolio Investor for subscription of securities (Warrants) of the Company.

Ixigo raises $53M led by Singapore s sovereign wealth fund

Share Online travel app Ixigo has raised $53 million from investors led by Gamnat, an investment firm managed by Singapore sovereign wealth fund GIC Private Limited, according to filings with India’s Ministry of Corporate Affairs. The round also has participation from Bay Capital Holdings Limited, IE Venture Fund, India Acorn Fund Limited, Malabar India Fund Limited and others.  Launched in 2007, Ixigo is an online travel agency that offers bookings of flights, hotels, trains and buses. In February, Ixigo acquired Confirmtkt, an Indian online train discovery and booking platform. The company says prior to the pandemic, more than 25 million people took train trips every day in India, making it an

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