IndiGo's parent firm Interglobe Enterprises, is planning to sell up to a 4% stake in the airline to raise nearly $1 billion (₹8,600 crore) through block deals, a report stated. Interglobe Enterprises owned a 35.71% stake in the company as of March, and Rahul Bhatia, co-promoter and MD of InterGlobe Enterprises might be the seller in the block deal.