Easy Trip Planners Ltd, operating as EaseMyTrip, announced plans to raise up to ₹5 billion (₹500 crore) through equity issuance or other eligible securities. The capital infusion will support expansion in hotels, holiday packages, and technology upgrades, strengthening its non-air travel segments and long-term growth strategy.
EaseMyTrip, one of India’s leading online travel platforms, has unveiled its plan to raise ₹5 billion (₹500 crore) to accelerate growth and diversify its portfolio. The board has granted in-principle approval for the capital raise, which may be executed via equity shares, rights issues, qualified institutional placements (QIP), or private placements.
The company intends to channel the funds into non-air travel segments, particularly hotels and holiday packages, while also investing in technology enhancements to improve customer experience and operational efficiency. This move aligns with EaseMyTrip’s strategy of reducing reliance on flight bookings and building a more balanced travel-tech ecosystem.
Key Highlights
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Capital Raise Size: Up to ₹5 billion (₹500 crore).
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Funding Route: Equity issuance or other eligible securities.
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Strategic Focus: Expansion in hotels, holiday packages, and technology.
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Growth Objective: Strengthen non-air travel segments and diversify revenue streams.
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Market Impact: Provides financial flexibility for long-term sustainable value creation.
Analysts view this as a strategic step to capture India’s growing domestic tourism market, where demand for packaged holidays and hotel bookings is rising steadily.
Sources: InvestyWise, FilingReader Intelligence