Ixigo Acquires Hotel Booking Platform and Invests in AI Startups

AI Summary

Ixigo has acquired the hotel booking platform Brevistay and made investments in AI startups, aiming to consolidate its travel planning services and maintain user engagement within its ecosystem. The company's strategy includes enhancing AI infrastructure to compete with external platforms like ChatGPT.

With Brevistay, Ixigo closes the last major gap in its travel stack. Its twin bets on AI infrastructure hint at a larger goal of keeping trip planning inside its ecosystem, rather than letting it migrate to ChatGPT.