EaseMyTrip to raise Rs 500 Cr to scale hotels and holidays biz

Listed online travel platform EaseMyTrip is planning to raise up to Rs 500 crore to fuel its next phase of growth, according to a disclosure filed with the stock exchanges on Monday.

According to the filing, the fundraising may be executed in one or more tranches through permissible routes under applicable laws, including a rights issue, qualified institutions placement (QIP), preferential issue, private placement, or other approved methods. 

Detailed terms such as the size, pricing, structure, and timing of the issue will be finalised in line with market conditions and regulatory requirements.

As per the company, the capital raise is aimed at strengthening EaseMyTrip’s presence in high-potential segments, particularly hotels and holiday packages, while also supporting investments in technology, platform upgrades, and strategic opportunities aligned with its long-term roadmap.

“The proposed capital raise of up to Rs 500 crore is about being ready. It gives us the flexibility to invest at the right time, whether in technology or strategic opportunities that fit our larger vision,” said Nishant Pitti, Founder and CMD of EaseMyTrip. He added that the company will continue to maintain a disciplined approach to capital allocation, with a sharp focus on sustainable growth and long-term value creation.

Founded in 2008, EaseMyTrip is among India’s largest online travel-tech platforms in terms of air ticket bookings. The bootstrapped company has built a diversified presence across air and non-air categories, including hotels, holidays, trains, buses, and cabs, and is now looking to deepen its integrated travel ecosystem as competition intensifies in the segment.

During Q3 of the ongoing fiscal year, the company reported revenue of Rs 151 crore, while its profit declined 90% year-on-year to Rs 3.4 crore in Q3FY26. Currently, EMT’s shares are trading at Rs 7.32, with a total market capitalisation of Rs 2,662 crore.