Ixigo buys 54.66% of Brevistay for Rs 65.69 Cr, bets Rs 12 Cr on two AI startups
Le Travenues Technology, Ixigo's parent, takes majority control of hourly-hotel booking platform Brevistay (FY26 revenue Rs 18.1 Cr) to deepen its hotels stack, while parking Rs 7.5 Cr in Proactai (10.34%) and Rs 4.5 Cr in Vestra.AI to build in-house AI capability. Move follows a Q4 FY26 print of Rs 308 Cr revenue and Rs 32 Cr profit (+92%).
Ixigo parent Le Travenues acquires 54.66% of hotel booking startup Brevistay for Rs 65.69 Cr to strengthen hotel bookings, and invests Rs 12 Cr across two AI startups, Proactai and Vestra.AI, for AI capability building.
Also reported by
- Entrackr — Same time