Easemytrip

EaseMyTrip sees 81% surge in hotel, holiday bookings in June quarter

Online travel platform EaseMyTrip reported an over 81 per cent rise in hotels and holiday packages bookings in the June quarter, as travel picked up in the world's fastest-growing economy. Hotels and holiday package bookings grew by 81.2 per cent year-on-year, rising from 1.8 lakhs to 3.3 lakhs, the firm said in a statement. The trains, buses, and others segment recorded a 41.4 per cent year-on-year growth in Q1 FY26, with bookings increasing from 3.1 lakh to 4.3 lakh. Dubai operations saw gross booking revenue surge 151 per cent to Rs 318.1 crore. It had a gross booking revenue of Rs 2,065.8 crore in the quarter and EBITDA of Rs 6.9 crore on a revenue of Rs 113.8 crore. Flights make up 79.2 per cent of gross booking revenue, and hotels and holiday packages account for 18.8 per cent. The remaining 2.1 per cent comes from train, buses and other bookings. When it comes to revenue from operations, flights contribute 50 per cent, while hotels and holiday packages contribute 28.6 per

Confident of improving Bangalore traffic by 25-30%: EaseMyTrip's Pitti

He added that the BTP and IISC have simulation models, which can create re-routing permutations and he has requested the data from Google, Uber, Ola and Rapido that will help with the re-routing

EaseMyTrip co-founder commits ₹1 crore to fight Bengaluru traffic

EaseMyTrip co-founder Prashant Pitti has announced a Rs 1 crore commitment to tackle traffic congestion in Bengaluru using AI and satellite data, urging authorities and citizens to join hands in fixing the city's growing traffic problem.In a detailed post on X, Pitti shared that he was stuck in traffic for over two hours while covering just 11 km late at night in Bengaluru. He said the worst part was being stranded at a choke point on the Outer Ring Road (ORR) for 100 minutes, with no traffic light or police officer in sight."I am committing INR 1 Cr to find Bangalore Choke-Points via Google Maps & AI. 11 km 2.15 hours in Bangalore Traffic on Saturday late night! I was stuck at one choke-point at ORR, where I spent 100 minutes struggling to understand why there is no traffic-light or cop here," Pitti posted on X.However, he made it clear that he does not want to simply complain about the issue. "But I don't want one more 'Bengaluru Traffic Meme or Rant'. I WANT TO FIX IT," he ..

Singapore healthcare firm Rollins ends investment deal with EaseMyTrip

Healthcare firm Rollins International has withdrawn from its Rs 60 crore share swap deal with Ease My Trip, citing long-term strategic misalignment with its goals

EaseMyTrip launches investment arm to back growth-ready, profitable firms

Online travel tech platform EaseMyTrip.com on Monday announced the launch of a strategic investment arm, EMT Invest, to accelerate growth-ready profitable businesses across diverse high-growth sectors. EMT Invest will focus on companies that have a proven track record of profitability with a minimum Profit Before Tax (PBT) of Rs 5 crore or more, EaseMyTrip.com said in a statement. With this initiative, EaseMyTrip seeks to partner with ventures that are ready to scale and are looking for capital, digital ecosystem leverage, and strategic brand support. "With EMT Invest, we are expanding our ecosystem to support ambitious, growth-oriented businesses in reaching their full potential. "Our aim is to empower founders to scale efficiently while maintaining their entrepreneurial independence. EMT Invest is about building lasting value and enabling the next generation of business leaders to achieve transformative success," EaseMyTrip Founder and Chairman Nishant Pitti said.

EaseMyTrip 2.0 to back high-growth travel, mobility, and niche start-ups

Travel tech platform EaseMyTrip on Monday announced the launch of its "next phase of growth", saying the company will invest in high-potential, scalable businesses while expanding its footprint into new and emerging verticals. Titled EaseMyTrip 2.0, the company said the initiative marks a major strategic pivot whereby it will acquire up to 49 per cent equity in selected businesses. The sectors targeted for strategic investment cover both core and adjacent areas where EaseMyTrip sees strong growth potential. In the travel domain, the company is looking to partner with businesses involved in domestic and international holidays, religious and spiritual tourism, student and education travel, MICE (Meetings, Incentives, Conferences, Exhibitions), luxury travel experiences, chartered flights, air ambulance services, and last-mile mobility, including airport transfers and intercity cab services. In addition, EaseMyTrip 2.0 will explore adjacent verticals that complement its core travel ..

EaseMyTrip denies allegations against founder Pitti in Mahadev betting case

Travel booking platform EaseMyTrip on Wednesday denied allegations against its founder and chairman Nishant Pitti in the Mahadev app betting case, terming the claims "entirely baseless, misleading, and devoid of factual merit". Pitti has reportedly been accused of colluding with a network of operators who allegedly used proceeds from the illegal betting operation to manipulate the stock prices of 25 listed companies, purportedly in connivance with their promoters. The Enforcement Directorate in April searched the premises of Pitti as part of fresh multi-state raids in the Mahadev online betting app-linked money laundering case. The raids covered 55 locations including Delhi, Mumbai, Chandigarh, Ahmedabad, Indore, Jaipur, Chennai and Sambalpur in Odisha. "We categorically and unequivocally deny the allegations reported in connection with our Founder and Chairman, Nishant Pitti, concerning the so-called Mahadev app betting case. These claims are entirely baseless, misleading, and dev

ED probes travel firm over suspected links in Mahadev betting app case

The company has issued a statement denying the allegations, describing them as unfounded and without merit

EaseMyTrip slams MakeMyTrip over alleged Chinese ties; MMT refutes claim

EaseMyTrip co-founder Nishant Pitti accuses MakeMyTrip of Chinese links posing security risks MakeMyTrip refutes the claims, calls itself a proud Indian company complying with laws

EaseMyTrip flags travel to Turkey, Azerbaijan amid rising India-Pak heat

EaseMyTrip has advised travellers to avoid non-essential travel to Turkey and Azerbaijan due to their support for Pakistan amid rising India-Pakistan tensions

Have asked for hassle-free refunds to tourists: Tourism Min Shekhawat

Following the Pahalgam terror attack, the Centre has urged airlines, hotels, and tour operators to offer hassle-free refunds to anxious tourists reconsidering travel to Kashmir

Online travel platform EaseMyTrip denies association with Mahadev app

ED conducted searches at online travel portal's premises

EaseMyTrip denies ties to Mahadev betting app after ED conducts searches

As per information available in the public domain, the ED conducted searches at over 50 locations of various persons and corporates

EaseMyTrip CEO, Italy's Deputy PM discuss strengthening tourism corridors

He further stated that they also discussed the growing interest of Indian students in studying abroad and the potential for investments in Italy's hospitality sector

EaseMyTrip's Rikant Pittie enters startup debate, pens Linkedin post

Pittie took to his LinkedIn timeline to share insights into the company's evolution from a bootstrapped startup to a global travel tech leader

EaseMyTrip, Korea Tourism join hands to woo Indian tourists to South Korea

Travel tech platform Easy Trip Planners Ltd on Friday said it has signed an initial pact with the Korea Tourism Organisation to enhance South Korea's visibility as a key outbound destination for Indian travellers. The partnership seeks to drive Indian tourist arrivals to Korea by leveraging EaseMyTrip's digital reach, industry expertise, and extensive customer base, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. Through a targeted marketing approach, EaseMyTrip and Korea Tourism Organisation (KTO) will work together to increase awareness, improve accessibility, and create seamless travel experiences for Indian travelers exploring Korea, it added. "Korea is a potpourri of history, vibrant city life, and breathtaking landscapes, making it a highly desirable destination for Indian travellers. Our partnership with Korea Tourism Organisation will allow us to bring exclusive travel opportunities to Indian tourists while ensuring seamless bookin

In talks with Go First lenders to rescue airline: Busy Bee Airways to NCLAT

Busy Bee told the appellate tribunal that it has met with the lenders and plans to meet them again this week. It also said that it has shared an updated proposal with the lenders

Sold shares for personal reasons, said EaseMyTrip's Ex-CEO after resigning

Co-Founder of online travel-tech aggregator EaseMyTrip Nishant Pitti on Friday said he sold a "small portion" of the promoter shares held by him for "personal reasons", days after the company announced his resignation as CEO. In a social media post, Nishant, who was replaced by his brother and Co-Founder Rikant Pittie, after EaseMyTrip announced his appointment as the new CEO on January 1, reassured that the travel-tech platform is on a "strong growth path" and his move to sell a portion of the promoter shares does not reflect any lack of confidence in its future. "I recently sold a small portion of my promoter shares for personal reasons. I want to assure you this does not reflect any lack of confidence in EaseMyTrip's bright future. With a talented team and Rikant's visionary leadership, EaseMyTrip is on a strong growth path. To honor your trust, I have thoughtfully limited my share sale and confirm there will be no further sales from my side. "Thank you for your unwavering suppor

Rikant Pittie to be new CEO of EaseMyTrip, succeeds brother Nishant Pitti

Rikant Pittie will oversee the company's strategic initiatives, drive innovation, and enhance customer experiences to further strengthen EaseMyTrip's position in the industry

Nishant Pitti steps down as EaseMyTrip CEO, brother Rikant takes charge

On December 31, Nishant Pitti sold Easy Trip shares worth Rs 78.32 crore in a block trade, offloading 4.99 crore shares, which represents 1.41 per cent of the company's equity