Ixigo parent buys 54.66% of Brevistay for Rs 65.69 cr, enters short-stay segment
Le Travenues Technology approved acquiring a 54.66% controlling stake in Brevistay Hospitality via primary and secondary share purchases, marking Ixigo's push into hourly and short-stay accommodation. The deal extends Ixigo's travel stack beyond ticketing into a fragmented hotel-stay vertical.
Ixigo parent Le Travenues Technology approved acquiring 54.66% stake in Brevistay Hospitality for Rs 65.69 crore via primary and secondary share purchases, expanding into short-stay accommodation. Allied Blenders named Amar Sinha new MD; Zee board to weigh equity fundraise June 10.