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EaseMyTrip Plans ₹500 Cr Fundraise to Fuel Hotel, Holiday & Tech Expansion

EaseMyTrip has announced plans for a strategic capital raise of up to ₹500 crore to accelerate its growth. The funds will primarily support expansion in high-potential segments like hotels and holidays, alongside investments in technology and platform enhancements. Founder Nishant Pitti emphasized the move provides financial flexibility to pursue sustainable, long-term growth opportunities. The raise will be executed through permissible modes like QIP or preferential issue, subject to regulatory approvals.

Key Points: EaseMyTrip to Raise ₹500 Cr for Growth in Hotels & Holidays

  • Fundraise up to ₹500 Cr
  • Expand hotels & holidays segment
  • Invest in technology & platform
  • Strengthen financial flexibility
2 min read

EaseMyTrip plans strategic capital raise up to 500 Cr to strengthen growth momentum and expand high-potential segments

EaseMyTrip announces a strategic capital raise of up to ₹500 Cr to expand its hotel & holiday segments and invest in technology for sustainable growth.

"The proposed capital raise... gives us the flexibility to invest at the right time, whether in technology or strategic opportunities that fit our larger vision. - Nishant Pitti"

New Delhi, February 16

EaseMyTrip, one of India's leading online travel-tech platforms, has announced plans to raise capital up to 500 Cr as part of its ongoing strategy to scale key growth areas and reinforce its financial strength. The Board has approved, in principally, a proposal to raise funds through the issuance of equity shares and/or other eligible securities, subject to requisite approvals.

The proposed capital raise is intended to support EaseMyTrip's expansion across high-potential segments, particularly in hotels and holidays, while also enabling continued investments in technology, platform enhancement, and strategic opportunities aligned with its long-term business priorities. The move is aimed at providing additional flexibility to execute growth initiatives while maintaining a disciplined approach to capital allocation.

Commenting on the development, Nishant Pitti, Founder & CMD of EaseMyTrip, said, "We have built this company by staying focused on the basics and thinking long term. As we move ahead, our priority is to make our core business even stronger while scaling the segments that are clearly showing momentum and sustainable potential. The proposed capital raise of up to 500 Cr is about being ready. It gives us the flexibility to invest at the right time, whether in technology or strategic opportunities that fit our larger vision. We are clear that growth has to be healthy and sustainable. Every investment decision will be taken with responsibility and a sharp focus on value creation. Our aim is to keep strengthening the company and continue delivering consistent long-term value to our shareholders and partners."

The fund raise may be undertaken in one or more tranches through permissible modes under applicable law, including rights issue, qualified institutions placement (QIP), preferential issue, private placement or other approved methods, subject to regulatory and shareholder approvals. Detailed terms including size, structure and timing will be determined at an appropriate stage in accordance with applicable regulations and market conditions.

EaseMyTrip continues to strengthen its position as a diversified travel platform with a balanced presence across air and non-air categories. The company is focused on building an integrated travel ecosystem through deeper supply partnerships, technology-led efficiencies, and expanded offerings, contributing to the evolving tourism infrastructure while maintaining a long-term value creation focus.

EaseMyTrip (listed on NSE and BSE) is one of India's largest online travel-tech platforms in terms of air ticket bookings, as per the Crisil Report-Assessment of the OTA Industry in India (Feb 2021).

- ANI

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Reader Comments

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Priya S
As a shareholder, I appreciate the clear communication from Nishant Pitti. The focus on "healthy and sustainable" growth is crucial. Many Indian startups chase growth at any cost. Hope they stick to their disciplined approach. The stock might see some short-term volatility, but long-term vision looks solid.
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Rohit P
500 Cr is a significant amount. I just hope this doesn't lead to dilution for small retail investors like me. A rights issue would be preferable. Also, would love to see them expand their holiday packages to more offbeat Indian destinations like the Northeast.
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Sarah B
Competition with MakeMyTrip and Yatra is fierce. They need this war chest. The key will be how they use the tech investment. If they can personalize offers better and streamline the booking experience for complex multi-city trips, they'll have a real edge.
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Nikhil C
Good to see an Indian OTA thinking long-term. But a word of caution - expansion is good, but they must not lose focus on their core strength which is air tickets. Customer service for existing products should not suffer. I've faced some issues with refunds during peak season.
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Kavya N
More investment in tech is always welcome! Maybe they can use AI to predict flight price drops better or create seamless visa assistance packages. The Indian travel tech space has so much potential. All the best to the team! ✈️🇮🇳

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