India’s leading online travel platform, EaseMyTrip, has announced plans to raise up to Rs 500 crore to drive its next phase of growth. The company aims to utilize the funds to strengthen its presence in key sectors such as hotels and holiday packages, as well as to enhance its technology, platform capabilities, and explore strategic opportunities aligned with its long-term vision.
Nishant Pitti, Founder and CEO of EaseMyTrip, emphasized that this capital raise will provide the flexibility to invest in technology and strategic initiatives that align with the company’s broader goals. He reiterated the company’s commitment to prudent capital allocation, focusing on sustainable growth and long-term value creation.
Founded in 2008, EaseMyTrip has emerged as one of India’s leading online travel-tech platforms, particularly in air ticket bookings. The company has diversified its presence across various travel categories, including hotels, holidays, trains, buses, and cabs, and is now focused on fortifying its integrated travel ecosystem to navigate the increasingly competitive landscape.
Despite facing a 90% year-on-year profit decline in Q3FY26, with reported revenue of Rs 151 crore, EaseMyTrip remains optimistic about its strategic direction. Currently, the company’s shares are trading at Rs 7.32, with a total market capitalization of Rs 2,662 crore.
Source: Entrackr : Latest Posts