Easy Trip Planners Limited has informed the Exchange regarding a press release dated Jun 02, 2025, titled "Chairman & Founder Nishant Pitti Launches EaseMyTrip 2.0 to Build India s Next Wave of Scalable Startups".
EASEMYTRIP · price
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EaseMyTrip's Chairman and Founder Nishant Pitti has announced the launch of 'EaseMyTrip 2.0', a strategic initiative to invest in and partner with early- to mid-stage startups. The company plans to provide working capital and acquire up to 49% equity in selected businesses, while allowing founders to retain full operational control. Target sectors include domestic and international holidays, religious tourism, student travel, MICE, luxury travel, chartered flights, air ambulance, and last-mile mobility, along with adjacent verticals like wellness, travel-linked financial products, insurance, and airport services. EaseMyTrip will leverage its base of over 26 million users, strong digital ecosystem, and pan-India brand to help partner companies scale. The company, which grew profits before tax at a 47% CAGR during FY20-24, is inviting entrepreneurs to submit business plans for evaluation.
This signals a diversification push beyond EaseMyTrip's core travel business, which could unlock new revenue streams and strengthen its ecosystem play over time. However, no specific financial guidance or capital commitment size has been disclosed, so near-term impact on earnings remains uncertain and execution risk is a factor for investors to watch.