ixigo acquires 54.66% of Brevistay for ₹65.69 cr, deepens hotel-stack play
ixigo's majority buyout of short-stay platform Brevistay extends its consumer travel stack beyond ticketing into hourly hotels. The ₹65.69 cr deal sits within a broader retail tape featuring TVS's premium 'Paddock' channel, Nestle royalty up 14%, Lenskart SVF exit, and Embassy's ₹8,000 cr booking target.
Stocks-to-watch roundup: ixigo buys 54.66% of Brevistay for ₹65.69 cr; TVS launches premium retail channel 'Paddock'; Nestle India flags rural growth, royalty up 14%; Lenskart sees SVF stake sale; Embassy targets ₹8,000 cr bookings.