Acquisition History / Le Travenues Technology Ltd (ixigo) / Brevistay Hospitality Pvt Ltd (54.66%)
Le Travenues Technology Ltd (ixigo) Acquires Brevistay Hospitality Pvt Ltd (54.66%)
Announced June 5, 2026 — $7.4M
What happened
Gurugram-based travel aggregator ixigo agreed to acquire a 54.66% stake in Brevistay Hospitality for Rs 65.69 crore through a mix of secondary and primary share purchases, making it a subsidiary. ixigo holds a right to buy the remaining stake later. The combined hotel network covers more than 10,000 directly contracted properties across India.
- Target
- Brevistay Hospitality Pvt Ltd (54.66%)
- Announced
- June 5, 2026
- Price
- $7.4M
- Industry
- Online travel / hourly hotel bookings
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Le Travenues Technology Ltd (ixigo) acquire Brevistay Hospitality Pvt Ltd (54.66%)?
Le Travenues Technology Ltd (ixigo) acquired Brevistay Hospitality Pvt Ltd (54.66%) on June 5, 2026. This was Le Travenues Technology Ltd (ixigo)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Le Travenues Technology Ltd (ixigo) pay for Brevistay Hospitality Pvt Ltd (54.66%)?
Le Travenues Technology Ltd (ixigo) paid $7.4M for Brevistay Hospitality Pvt Ltd (54.66%).
What does Brevistay Hospitality Pvt Ltd (54.66%) do?
Gurugram-based travel aggregator ixigo agreed to acquire a 54.66% stake in Brevistay Hospitality for Rs 65.69 crore through a mix of secondary and primary share purchases, making it a subsidiary. ixigo holds a right to buy the remaining stake later. The combined hotel network covers more than 10,000 directly contracted properties across India.
What other Online travel / hourly hotel bookings companies has Le Travenues Technology Ltd (ixigo) acquired?
Brevistay Hospitality Pvt Ltd (54.66%) is Le Travenues Technology Ltd (ixigo)'s only publicly tracked acquisition in Online travel / hourly hotel bookings so far.