Gurugram-based online travel platform Ixigo has acquired a 55% stake in hotel-booking brand Brevistay for Rs 66 crore, the company said in a statement on Friday. Ixigo, which went public in 2024, said it may increase its stake in Brevistay in the future.
Strengthening its hotels business was among Ixigo’s key focus areas when it raised $150 million from Dutch technology investor Prosus last year. The hotels segment, where Ixigo has had a limited presence, is considered one of the higher-margin categories for online travel agencies.