Indian online travel platform EaseMyTrip has announced plans to raise up to Rs 500 crore as part of a broader strategy to scale high-growth verticals and further strengthen its financial position. Accordingly, the company’s board has approved, in principle, a proposal to raise capital through the issuance of equity shares and/or other eligible securities, subject to necessary regulatory and shareholder approvals.
Notably, the proposed fundraise aims to support expansion across key segments such as hotels and holidays, which the company has identified as high-potential growth drivers. In addition, the capital will enable continued investments in technology, platform upgrades, and selective strategic opportunities that align with EaseMyTrip’s long-term business priorities. As a result, the initiative will provide greater financial flexibility while ensuring disciplined capital allocation during the execution of growth plans.
Commenting on the development, Nishant Pitti, Founder and Chairman 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.” He further stated that the proposed fundraise would offer the flexibility to invest in technology and strategic opportunities at the right time, with a continued emphasis on responsible growth and long-term value creation for shareholders and partners.
Meanwhile, the company may execute the fundraise in one or more tranches through permissible routes under applicable laws. These options include a rights issue, qualified institutions placement (QIP), preferential issue, private placement, or other approved mechanisms. Importantly, the final size, structure, and timing of the issue will depend on regulatory clearances and prevailing market conditions.
At the same time, EaseMyTrip continues to strengthen its position as a diversified travel platform with offerings spanning both air and non-air segments. Furthermore, the company remains focused on building a fully integrated travel ecosystem by deepening supply-side partnerships, driving technology-led efficiencies, and expanding its service portfolio. Through these efforts, EaseMyTrip aims to reinforce its role in India’s evolving tourism & hospitality infrastructure while staying committed to a long-term value creation approach.
EaseMyTrip’s proposed Rs 500 crore fundraise underscores its intent to accelerate growth in high-performing segments while maintaining financial prudence. With a strong balance sheet, expanding ecosystem, and long-term strategic focus, the company appears well-positioned to capitalise on India’s growing travel and tourism demand.
