Listed online travel platform EaseMyTrip has announced plans to raise up to ₹500 crore to accelerate growth in high potential segments, particularly hotels and holiday packages, according to a stock exchange filing.
The proposed fundraising may be carried out in one or more tranches through permissible routes, including a rights issue, qualified institutions placement (QIP), preferential allotment, private placement, or other approved mechanisms. The company stated that the final structure, pricing, and timeline will be determined based on market conditions and regulatory approvals.
Focus on Hotels, Holidays, and Technology
The capital infusion is aimed at strengthening EaseMyTrip’s non-air travel portfolio, with a sharper push into hotels and curated holiday packages. The company also plans to invest in technology upgrades, platform enhancements, and strategic growth opportunities aligned with its long-term roadmap.
Founder and Chairman Nishant Pitti said the proposed raise is intended to provide financial flexibility, enabling the company to deploy capital at the right time across technology and expansion initiatives. He emphasized a disciplined approach to capital allocation, focused on sustainable growth and long-term value creation.
Strengthening the Integrated Travel Ecosystem
Founded in 2008, EaseMyTrip is one of India’s leading online travel-tech platforms in terms of air ticket bookings. Over the years, the bootstrapped company has expanded into a diversified travel ecosystem that includes hotels, holiday packages, trains, buses, and cab services.
As competition intensifies in the online travel space, the company appears to be prioritizing deeper integration across travel categories to increase customer lifetime value and cross-selling opportunities.
Financial Snapshot
In Q3 FY26, EaseMyTrip reported revenue of ₹151 crore. However, profit declined 90% year-on-year to ₹3.4 crore during the quarter. As of the latest trading session, the company’s shares were priced at ₹7.32, with a market capitalization of approximately ₹2,662 crore.
With the proposed ₹500 crore fundraise, EaseMyTrip is positioning itself to strengthen its presence in the evolving online travel market while building resilience across key growth segments.
Follow Startupbydoc for daily startup insights, funding news, IPO analysis, and business breakdowns.