Funding · Commerce & Consumer Brands

EaseMyTrip board approves ₹500 crore fundraise

By Startup Enthusiast · 16 February 2026

What they do

EaseMyTrip is an online travel platform for flights, hotels and holidays

Its board has approved raising up to ₹500 crore via equity or other securities

The funds will expand non-core segments like hotels and fund electric mobility plans

EaseMyTrip's board has given in-principle approval to raise up to ₹500 crore (~$55 million).
The fundraise will be through equity shares or other eligible securities.
It will be executed in multiple tranches via rights issue, QIP, preferential issue or private placement.
The company plans to use the funds to expand non-core segments, especially hotels and holidays.
Funds will also go toward tech/platform enhancement and strategic acquisitions.
CMD Nishant Pitti said the fundraise gives flexibility to invest in technology or strategic opportunities.
The share price rose 19% to ₹7.87 after the announcement.

EaseMyTrip's core air ticketing business accounts for 64% of revenue but its market share is declining against ixigo and Cleartrip.
Q3 FY26 net profit fell 90% YoY to ₹3.4 crore, while operating revenue was flat at ₹151.7 crore.
Market cap has dropped from a peak of ~$1.5 billion to ~$317 million.
The company is diversifying into hotels, electric mobility and international markets to reduce dependence on air ticketing.

EaseMyTrip is an online travel booking platform offering flights, hotels, holidays and bus tickets.
Its core air ticketing business generates 64% of revenue.
It operates subsidiary YoloBus for non-air mobility.
International expansion includes new subsidiaries in Brazil and Saudi Arabia.
Its Dubai arm saw gross booking revenue grow 133.2% YoY in Q3.
The company plans to invest ₹200 crore in electric mobility arm Easy Green Mobility.
It aims to manufacture or deploy over 2,000 electric buses by FY28.

The company will execute the fundraise in multiple tranches via rights issue, QIP, preferential issue or private placement.
Funds will expand non-core segments like hotels and holidays.
It plans to invest ₹200 crore in electric mobility arm Easy Green Mobility.
It aims to manufacture or deploy over 2,000 electric buses by FY28.