Ixigo acquires majority stake in hotels brand Brevistay for Rs 66 crore

Gurugram-based Ixigo has acquired a 55% stake in hotel-booking brand Brevistay for Rs 66 crore, significantly strengthening its hotels business. This move aims to expand Ixigo's directly contracted hotel network to 10,000 properties. The company also announced investments in AI startups ProactAI and Forgeurai Systems.