EaseMyTrip plans to raise Rs 500 crore to fund its expansion plans

EaseMyTrip on Monday announced plans to raise capital up to Rs 500 crore as part of its ongoing strategy to scale key growth areas and reinforce its financial strength.

"​​​The Board has approved, in principally, a proposal to raise funds through the issuance of equity shares and/or other eligible securities, subject to requisite approvals," said the company through stock exchange filing.

As per the statement, 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. The move is aimed at providing additional flexibility to execute growth initiatives while maintaining a disciplined approach to capital allocation.


"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. Our aim is to keep strengthening the company and continue delivering consistent long-term value to our shareholders and partners," said Nishant Pitti, Founder & CMD of EaseMyTrip.

The fund raise 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 or other approved methods, subject to regulatory and shareholder approvals. Detailed terms including size, structure and timing will be determined at an appropriate stage in accordance with applicable regulations and market conditions.