ixigo to buy 54.66% of hourly-stay startup Brevistay for ₹65.69 Cr by July 31

Listed traveltech ixigo's board cleared a ₹65.69 Cr deal for a majority stake in Brevistay, the hourly hotel-booking platform projecting ₹18.1 Cr FY26 turnover and 48% YoY growth. Board also greenlit ₹7.5 Cr CCPS in Proactai and FCDs in Vestra.AI, signalling a bolt-on push into adjacent stay and AI assets.

— Source publishedFri, 5 Jun, 2026, 20:55 IST·First seen Fri, 5 Jun, 2026, 20:58 IST·Source Inc42 · Buzz

What happened

Listed traveltech firm ixigo's board approved acquiring a 54.66% majority stake in hourly-hotel booking startup Brevistay for ₹65.69 Cr, making it a subsidiary.

Key facts

  • ₹65.69 Cr
  • 54.66% stake
  • $6.9 Mn
  • ₹18.1 Cr FY26 turnover
  • 48% YoY
  • ₹7.50 Cr Proactai CCPS
  • 450,000 FCDs Vestra.AI

Why this matters

The simultaneous Brevistay control deal plus Proactai CCPS and Vestra.AI FCDs reveals ixigo's bolt-on playbook—stack adjacent stay inventory and AI tooling via staggered minority-to-majority structures.

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