India’s EaseMyTrip acquires minority interest in ETrav Tech
Summary
EaseMyTrip, an India-based online travel agency, has invested about $4 million in ETrav Tech, giving it a 4.94% stake in the company and boosting its effort to grow its non-air segments. After investing in hotels, we now intend to enhance our services for our corporate clientele and investment with ETrav Tech Limited will be pivotal in the same, said Nishant Pitti, co-founder and CEO of EaseMyTrip.Leveraging their tech capabilities and expertise in dealing with B2B clients, we are confident to service our corporate clients better with improved offerings. Strategic decisions like these mark a milestone in our journey and fortify our commitment to providing seamless travel experiences for our customers, backed by innovation and technology.And said Henil Ruparelia, managing director of ETrav Tech, We are delighted to collaborate with EaseMyTrip, a prominent player in the travel industry. Their strategic focus on diversifying into non-air segments aligns perfectly with our vision for expansion and innovation. By combining EaseMyTrips investment with our tech capabilities and B2B expertise, we aim to deliver unparalleled services to corporate clients.