No Result
View All Result
The Brand Beats
  • Home
  • Marketing
  • Business
  • AdWorks
  • Interviews & Insights
    • Videos
  • Buzz
  • Home
  • Marketing
  • Business
  • AdWorks
  • Interviews & Insights
    • Videos
  • Buzz
No Result
View All Result
The Brand Beats
No Result
View All Result

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
Share on FacebookShare on Twitter

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

Latest

Enterprise AI Startup Freehand Raises $75 Mn To Expand Autonomous AI Platform

Enterprise AI Startup Freehand Raises $75 Mn To Expand Autonomous AI Platform

July 31, 2026
Toing Celebrates Friendship Day With 'Pizza Squad Challenge'

Toing Celebrates Friendship Day With ‘Pizza Squad Challenge’

July 31, 2026
PwC AI Report Under Fire After ChatGPT Citation & Fabricated References Raise AI Governance Concerns

PwC AI Report Under Fire After ChatGPT Citation & Fabricated References Raise AI Governance Concerns

July 31, 2026
Sarvam Plans Trillion-Parameter AI Model To Challenge ChatGPT, Gemini & Claude

Sarvam Plans Trillion-Parameter AI Model To Challenge ChatGPT, Gemini & Claude

July 31, 2026
Virat Kohli & Vikas Kohli Increase Stake In Vault Fitness Chain To 28%

Virat Kohli & Vikas Kohli Increase Stake In Vault Fitness Chain To 28%

July 31, 2026
Groww Founders Plan Rs 500 Cr Fund To Invest In India’s Consumer & Deeptech Startups

Groww Founders Plan Rs 500 Cr Fund To Invest In India’s Consumer & Deeptech Startups

July 31, 2026

About Brand Beats

We’re a fresh-voice platform that celebrates brands, campaigns and creative thinking.
Whether it’s a bold billboard, a viral digital hit or a subtle design shift — we bring you the stories behind the brands.

Connect With Us

  • Contact Us

© 2026 All Rights Reserved. The Brand Beats

No Result
View All Result
  • Home
  • Marketing
  • Business
  • AdWorks
  • Interviews & Insights
    • Videos
  • Buzz

© 2026 All Rights Reserved. The Brand Beats