ixigo buys 54.66% of Brevistay for ₹65.69 cr to scale hotels play
Le Travenues Technology (ixigo) is taking a controlling 54.66% stake in flexible-stay platform Brevistay for ₹65.69 crore, making it a subsidiary. The deal pushes ixigo's directly contracted hotel inventory past 10,000 properties across Tier-I, II and III cities, deepening its push beyond ticketing.
ixigo is acquiring a 54.66% controlling stake in flexible-stay platform Brevistay for Rs 65.69 crore, making it a subsidiary. The deal expands ixigo's directly contracted hotel network to over 10,000 properties across Tier-I, II and III Indian cities.
Why this matters
Doubles down on ixigo's hotels play, following its AI-native app launch with TARA assistant and agentic booking flows. Signals a shift from ticketing-led OTA to a fuller stay-and-travel stack.
retail-company activity steady at 1,940 signals over the last 90 days.