SaaS & Tech

ixigo Acquires 54.66% Stake in Brevistay for ₹65.69 Crore to Expand High-Margin Hotel Business

Radhika M.

Travel tech platform ixigo acquired a 54.66 percent majority stake in Brevistay for ₹65.69 crore.

The deal expands ixigo’s directly contracted supply network to over 10,000 hotels across India.

Brevistay specializes in flexible, hourly hotel bookings, a segment that drives high asset utilization for hotel operators.

By shifting focus toward the accommodation sector, ixigo aims to capture higher gross margins compared to its core transit ticketing business.

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