EaseMyTrip plans to raise Rs 500 crore to expand its hotels and holidays business

Listed online travel ticket booking platform EaseMyTrip has approved a proposal to raise up to Rs 500 crore as it prepares for its next phase of growth, according to a disclosure filed with the stock exchanges.

The company’s Board has approved, in principle, the plan to raise funds through the issuance of equity shares and or other eligible securities, subject to requisite regulatory and shareholder approvals.

The fundraising may be undertaken in one or more tranches through permissible modes under applicable law, including a rights issue, qualified institutions placement (QIP), preferential issue, private placement or other approved methods.

EaseMyTrip said the proposed capital raise is intended to strengthen its presence in high-potential segments, particularly hotels and holiday packages, while supporting continued investments in technology, platform enhancement and strategic opportunities aligned with its long-term roadmap. The move is aimed at providing greater flexibility to execute growth initiatives while maintaining a disciplined approach to capital allocation.

“The proposed capital raise of up to Rs 500 crore 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,” said Nishant Pitti, Founder and CMD of EaseMyTrip.

He added that growth must remain healthy and sustainable, and that every investment decision would be taken with responsibility and a sharp focus on long-term value creation for shareholders and partners.

Founded in 2008, EaseMyTrip is among India’s largest online travel-tech platforms in terms of air ticket bookings. The bootstrapped company has built a diversified presence across air and non-air categories, including hotels, holidays, trains, buses and cabs.

In recent years, it has focused on strengthening non-air verticals such as hotels and holiday packages, as competition intensifies across India’s online travel market.

The company said it will continue to deepen supply partnerships, drive technology-led efficiencies and expand its integrated travel ecosystem. The proposed fundraising, it indicated, is designed to reinforce its financial strength while positioning the platform to capture emerging opportunities in India’s evolving tourism and travel infrastructure landscape.