The proceeds of INR 45 crore from the contemporary concern from the ixigo IPO will probably be allotted for working capital necessities, whereas INR 26 crore will probably be invested in know-how, together with cloud and server internet hosting, synthetic intelligence, and buyer engagement. Moreover, funds will probably be earmarked for potential acquisitions and basic company functions.
ixigo recordsdata draft papers for IPO with contemporary concern measurement of INR 120 crore
Date: