Easy Trip Planners (EaseMyTrip) has made strategic investment in ETrav Tech consisting of 4.94% (post allotment) paid-up equity share capital of ETrav Tech. As a part of the brand’s expansion strategy to diversify its portfolio, the acquisition translated as a cash deal.
ETrav Tech offers a diverse array of travel-related services, ranging from Flight API, and holiday packages to Hotel API, white label, Bus API, and visa applications. The primary objective of this strategic investment is to acquire a minority interest and strengthen EaseMyTrip’s B2B segment offerings, catering to the diverse requirements of its corporate clients.
Easy Trip Planners is the second largest online travel agency in India in terms of gross revenue.
