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ixigo Acquires Majority Stake In Brevistay For Rs 66 Crore To Strengthen Hotels Business

ixigo has acquired a 54.66% stake in hotel booking platform Brevistay for Rs 66 crore, expanding its hotel network to over 10,000 properties across India.

BrandBeats Desk by BrandBeats Desk
June 8, 2026
in Business
Reading Time: 2 mins read
ixigo Acquires Majority Stake In Brevistay For Rs 66 Crore To Strengthen Hotels Business
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Online travel platform ixigo has acquired a majority stake in hotel booking platform Brevistay for approximately Rs 66 crore, marking a significant push into India’s hotel and accommodation market. The acquisition, approved by the board of ixigo’s parent company, Le Travenues Technology, will see the company acquire a 54.66% stake in Brevistay through a combination of primary and secondary share purchases.

Following the transaction, Brevistay will become a subsidiary of ixigo. The company has also retained the option to acquire the remaining stake in the future, subject to certain conditions. The deal is expected to be completed by July 31, 2026. 

The acquisition is part of ixigo’s broader strategy to strengthen its hotels business, an area that has remained relatively smaller compared to its flights, trains, and bus booking verticals. With Brevistay’s inventory, ixigo’s directly contracted hotel network will expand to more than 10,000 properties across India. 

Founded in 2016, Brevistay is known for its flexible-stay model, allowing users to book hotel rooms for shorter durations, including hourly stays. The platform has built a network of hotel partners catering to transit travellers, business users, and customers seeking short-duration accommodation options. 

In a joint statement, ixigo’s leadership described Brevistay as a category-defining platform with strong hotel partnerships and a significant presence in the flexible-stay segment. The companies also highlighted opportunities to leverage technology, artificial intelligence, and distribution capabilities to create a broader accommodation ecosystem for travellers while helping hotel partners improve occupancy and revenue. 

Brevistay reported unaudited revenue of Rs 18.1 crore in FY26, up from Rs 12.23 crore in FY25, reflecting strong growth in its flexible-stay business. The startup’s founders currently hold a majority shareholding in the company. 

Alongside the acquisition, ixigo also announced investments in artificial intelligence startups ProactAI and Forgeurai Systems (Vestra.AI), underscoring its continued focus on technology-led growth and AI-powered travel solutions.

Tags: acquisitionBrevistayixigo

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