EaseMyTrip Invests ₹60 Crore for 30% Stake in Rollins International, Eyes Health and Wellness Expansion

EaseMyTrip (Easy Trip Planners Ltd) has announced a ₹60 crore investment to acquire a 30% stake in Rollins International Private Limited, marking a significant step into the health and wellness sector.

 

Key Highlights:

 

The board of EaseMyTrip has approved the acquisition of 17,03,973 equity shares in Rollins International, giving the company a 30% ownership stake.

 

The deal is valued at ₹60 crore (₹600 million) and will be completed through an equity share swap, where EaseMyTrip will issue its own shares to Rollins in exchange for equity in the wellness company.

 

Rollins International, founded in 2017, specializes in gluten-free and lactose-free food products, allergen-free health supplements, and technology-driven healthcare solutions. The company has shown robust growth, with revenue rising from ₹5.3 crore in FY22 to over ₹21 crore in FY24.

 

This move signals EaseMyTrip’s diversification beyond its core travel business, as it aims to tap into the fast-growing health-conscious consumer market.

 

The acquisition is part of a broader strategy, alongside a parallel investment in Pflege Home Healthcare, to enter the medical tourism and wellness space.

 

The transaction is subject to regulatory and shareholder approvals and is expected to close in the next three to four months. Once completed, Rollins will become an associate company of EaseMyTrip.

 

Source: Easy Trip Planners Ltd, TradingView, Entrackr, Angel One