EaseMyTrip Plans ₹500 Crore Fundraise to Expand Hotels & Holidays Business

Travel technology platform EaseMyTrip on Monday announced plans to raise up to ₹500 crore to strengthen its expansion strategy, particularly across high-growth segments such as hotels and holiday packages.

The move signals the company’s intent to diversify beyond its traditional air ticketing business and deepen its presence in the fast-growing hospitality and travel experiences segment in India.

Board Approves Fundraising Proposal in Principle

The company said its Board has approved, in principle, a proposal to raise funds through the issuance of equity shares and/or other eligible securities, subject to requisite approvals.

The fundraising 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

• Other approved methods

All fundraising efforts will remain subject to regulatory and shareholder approvals.

Structure and Timing to Be Finalised Later

EaseMyTrip clarified that detailed terms including size, structure and timing will be determined at an appropriate stage in accordance with applicable regulations and market conditions.

This provides the company flexibility to align the capital raise with prevailing market sentiment, liquidity conditions, and strategic opportunities.

Focus on Hotels, Holidays and Technology Investments

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.

India’s hotel and holiday booking segment has been witnessing strong post-pandemic demand recovery, rising domestic tourism, and increasing digital adoption — trends that create significant opportunities for online travel platforms.

The company added that the move is aimed at providing more flexibility to execute growth initiatives while maintaining a disciplined approach to capital allocation.

Founder Nishant Pitti on the Capital Raise

Nishant Pitti, Founder & CMD of EaseMyTrip, said:

"The proposed capital raise of up to ₹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. We are clear that growth has to be healthy and sustainable".

His remarks highlight the company’s emphasis on strategic timing, prudent financial management, and long-term value creation rather than aggressive expansion at any cost.

Why This Fundraise Matters

EaseMyTrip has built a strong brand in India’s online travel space, competing with major players in flight and hotel bookings. By raising up to ₹500 crore, the company is positioning itself to:

• Expand inventory in the hotel and holiday segment

• Enhance user experience through technology upgrades

• Explore strategic acquisitions or partnerships

• Strengthen its balance sheet for long-term growth

The move reflects growing competition in India’s online travel market, where companies are increasingly focusing on higher-margin verticals such as hotels and curated travel experiences.