Online travel platform ixigo has announced the acquisition of a majority stake in Brevistay, a flexible stays startup that has quietly built a strong foothold in India’s budget hotel segment. The move signals ixigo’s intent to go deeper into a market it believes is still largely broken and full of unsolved problems.
Brevistay is one of the early movers in India’s flexible hotel stays category, offering travellers the option to book hotel rooms for shorter durations rather than the standard full-night model. Over the last three years, the company has posted revenue growth of over 50 percent on a compounded annual basis and has reached EBITDA positive territory, a milestone that sets it apart from many startups in the travel space. The company has also been steadily adding thousands of hotel properties to its platform each year.
According to Aloke Bajpai, Co-founder of ixigo, the decision to acquire Brevistay was not a rushed one. The team tracked the startup for over three years before moving ahead with the deal. What ultimately convinced them was the founding team’s obsession with solving real customer problems on the ground, and their shared belief that online hotel booking in India remains a deeply flawed experience, especially for budget travellers.
Bajpai noted that ixigo and Brevistay are aligned on the idea that growing this market should be a win for both customers and hotel partners, not just the platform. With a combined base of over 10,000 hotel partners now directly contracted, the merged entity plans to accelerate its understanding of the market and build solutions from first principles.
The Bigger Strategy
This acquisition follows a pattern ixigo has been executing for some time, identifying teams that are resilient, capital-efficient, and deeply committed to solving a specific problem. Rather than backing startups that relied on heavy funding to grow, ixigo looks for founders who simply refused to quit until the customer problem was solved.
The Brevistay founders, Prateek Singh, Shubham Agarwal, and Nikhil Kumar Pathak fit that profile, having built the business through a competitive and crowded category where many investors had already dismissed the opportunity as too mature.
With this deal closed, ixigo is now better positioned to take on the budget hotel booking space with a stronger supply base, a proven flexible stays product, and a team that has spent years understanding what Indian travellers actually need.
