Ixigo Expands Market Footprint with Majority Stake Acquisition of Brevistay

Ixigo Expands Market Footprint with Majority Stake Acquisition of Brevistay

Strategic Expansion in the Hospitality Sector Le Travenues Technology, the parent company of the travel booking platform Ixigo, announced on Wednesday that it has acquired a majority stake in the flexible-stay hotel booking platform Brevistay for ₹65.69 crore. This strategic move, finalized this week in India, aims to bolster Ixigo’s presence in the competitive hotel…

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ixigo Pivots to AI and Hotel Expansion as Flight Bookings Surge

ixigo Pivots to AI and Hotel Expansion as Flight Bookings Surge

The Shift in ixigo’s Business Model In a significant strategic shift, travel aggregator ixigo has officially declared that its flight booking segment has overtaken other verticals to become the company’s largest business unit by Gross Transaction Value (GTV). Chairman and CEO Aloke Bajpai confirmed this milestone this week, noting that the platform is simultaneously doubling…

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