HDFC Mutual Fund entered Le Travenues Technology (IXIGO) with 98,25,451 shares, representing a 2.24% stake, worth ₹196.42 crore at a share price of ₹199.91. HDFC Mutual Fund was also an anchor investor in Ixigo's IPO, where they were allotted shares at ₹93 apiece.
An online travel platform that provides comprehensive booking services and travel information to customers across India. Le Travenues Technology also offers software development and maintenance services tailored specifically to the travel and hospitality industry. Founded in 2007, the company operates as a technology-enabled service provider, connecting travelers with accommodation, transportation, and travel solutions through its digital platforms.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.