Ixigo parent takes 54.66% of Brevistay for Rs 65.69 cr, backs AI startups Proactai, Vestra.AI
Le Travenues will acquire majority control of hotel-booking platform Brevistay for Rs 65.69 crore and deploy Rs 12 crore across AI plays Proactai (10.34%) and Vestra.AI, funded from its Rs 1,296 crore Prosus preferential issue. Brevistay deal closes by July 31, 2026; AI deals by July 5.
What happened
ixigo · Ixigo parent Le Travenues will acquire 54.66% of hotel-booking startup Brevistay for Rs 65.69 crore and invest Rs 12 crore across AI startups Proactai
Key facts
- Rs 65.69 crore
- 54.66% stake
- Rs 7.5 crore
- 10.34% stake
- Rs 4.5 crore
- Rs 1,296 crore
- Rs 18.1 crore FY26 turnover
Why this matters
A 54.66% control stake at Rs 65.69 cr alongside Rs 12 cr AI seed checks shows Ixigo favoring majority M&A for adjacencies while keeping minority stakes for capability scouting.