Ixigo buys 54.66% of Brevistay for ₹65.69 cr to scale hotel inventory
Le Travenues Technology's board cleared a ₹65.69 crore acquisition of a controlling 54.66% stake in flexible-stay platform Brevistay, making it a subsidiary. The deal expands ixigo's contracted hotel network to over 10,000 properties across India and deepens its push into the short-stay segment.
Ixigo's board approved acquiring a 54.66% majority stake in flexible-stay hotel network Brevistay for ₹65.69 crore via secondary and primary share purchases, making it a subsidiary and expanding ixigo's hotel inventory to over 10,000 contracted properties across India.
Why this matters
Follows ixigo's recent launch of an AI-native app with TARA assistant and agentic booking, signalling a parallel push to deepen hotel supply alongside intelligent booking experiences.
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