# ixigo sells 17.39% Fresh Bus stake for Rs 36.6 crore 2026-08-14T09:23:13+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet ixigo has agreed to sell a 17.39% stake in electric intercity bus startup Fresh Bus to Twelve Stone LLP for Rs 36.6 crore, according to an exchange filing by its parent Le Travenues Technology. The stake sale, priced at Rs 7,911 per CCPS, will reduce ixigo's holding from 25.66% to 8.27%, making Fresh Bus no longer an associate company. The transaction is expected to close by August 30. Twelve Stone's designated partners include Fresh Bus founder Sudhakar Reddy Chirra. ixigo first invested in Fresh Bus in October 2022 at Rs 2,344 per share. The sale comes as ixigo pursues acquisitions in Europe and AI ventures. ## Coverage - inc42.com Tags: electric buses, Fresh Bus, ixigo, stake sale, startup investment, Twelve Stone LLP Canonical: https://indianopinion.org/ixigo-sells-17-39-fresh-bus-stake-for-rs-36-6-crore/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ixigo-sells-17-39-fresh-bus-stake-for-rs-36-6-crore/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.