India’s EaseMyTrip acquires minority curiosity in ETrav Tech

EaseMyTrip, an
India-based on-line journey company, has invested about $4 million in ETrav Tech, giving it a 4.94% stake within the
firm and boosting its effort to develop its non-air segments. 

ETrav Tech is a B2B firm serving journey brokers with
content material similar to air tickets, lodge bookings, vacation packages, visa providers,
journey insurance coverage, automotive leases and bus tickets. The corporate mentioned it at present
serves greater than 30,000 journey brokers, 600 distributors and 700 shoppers that
use its API or white label providers.

Based in 2008, EaseMyTrip gives air tickets, motels and
vacation packages, rail and bus tickets, and ancillary value-added providers. The
firm mentioned this funding will assist to diversify its portfolio and improve
its choices for company shoppers.

EaseMyTrip is one India’s largest platforms for air ticket
bookings, offering content material from greater than 400 worldwide and home
airways.

“We’re aiming at diversifying our portfolio within the non-air
segments. After investing in motels, we now intend to boost our providers for
our company clientele and funding with ETrav Tech Restricted will probably be pivotal
in the identical,” mentioned Nishant Pitti, co-founder and CEO of EaseMyTrip.

“Leveraging their tech capabilities and experience in dealing
with B2B shoppers, we’re assured to service our company shoppers higher with
improved choices. Strategic selections like these mark a milestone in our
journey and fortify our dedication to offering seamless journey experiences for
our prospects, backed by innovation and expertise.”

And mentioned Henil Ruparelia, managing director of ETrav Tech, “We
are delighted to collaborate with EaseMyTrip, a outstanding participant within the journey
trade. Their strategic concentrate on diversifying into non-air segments aligns
completely with our imaginative and prescient for enlargement and innovation. By combining
EaseMyTrip’s funding with our tech capabilities and B2B experience, we intention to
ship  unparalleled providers to
company shoppers. … We’re excited concerning the alternatives this partnership
brings and sit up for attaining mutual success and development.”

In August 2023, EaseMyTrip
acquired a majority stake in three India-based journey firms – Guideline
Travels Holidays, TripShope Journey Applied sciences and Dook Travels. Previous to
that, it had acquired a controlling
stake in lodge reserving app CheQin and B2B motels
platform Traviate.

EaseMyTrip has workplaces throughout India and in Southeast Asia,
New Zealand, the United Arab Emirates, the UK and the US.