India, July 16 -- Online travel aggregator ixigo is increasing its stake in the train food delivery platform and its subsidiary Zoop Web Services by 11% via a secondary share purchase worth INR 3.25 Cr.

In an exchange filing, the company said that it would buy 1,717 shares from Zoop's founders Puneet Sharma and Manoj Kumar Singh. The acquisition is expected to be completed by September 30.

Notably, ixigo acquired a 51% stake in Zoop in October 2024. At the time, it said it has the option to purchase the remaining stake in Zoop, subject to fulfillment of certain conditions.

Founded in 2014, Zoop is an IRCTC-authorised food delivery aggregator. It operates at 192 railways stations across India and has partnered with around 400 select res...