Bonus issue ,Future Expansion ,Growth, Acquisition ,Easy Trip Planner Entry into EV Business with YOLO Bus YOLO Bus
EaseMyTrip is the 2nd largest Online Travel Platform in India founded in 2008.
The stock, which was trading around ₹17 before the ex-bonus adjustment, saw its price settle near ₹18 today. It opened at ₹18.01 and witnessed significant trading activity, with a combined trading volume of approximately 17 crore shares on NSE and BSE, driven by heavy buying interest.
Company Recent Development and Future Plans
1.Company Introduction of ScanMyTrip.Com on the ONDC Network
EaseMy Trip launched ScanMyTrip.com , India’s First travel marketplace on the ONDC platform ( Open Network for Digital Network ), allowing PTA,s MSMEs, and travel agents to list and sale services. This move supports business by expanding their digital reach and helping them scale.
2. Franchise opening and New Offices Openings , 100 franchises store by 2025
EaseMy Trip opened its 17th Franchise store in Ahmedabad and a new office in Gurgaon. These moves are part of the Company’s strategy to reach to 100 franchises store by 2025 and expand its operational network across INDIA
3.Strategic Ecotourism Partnership with Uttar Pradesh
EaseMy Trip has partnered with the Uttar Pradesh Eco Tourism Development Board to promote eco-tourism in the state. The partnership will enhance homestays , wildlife tours, and cultural heritages tourism , boosting visibility and accessibility for eco-tourism destinations.
4. Promotions and Partnerships with Uttar Pradesh EcoTourism Development Board
EaseMyTrip has partnered with the Uttar Pradesh EcoTourism Development Board to promote eco-tourism in the state. The partnership will enhance homestays, wildlife tours, and cultural heritage tourism, boosting visibility and accessibility for eco-tourism destinations.
5. EaseMyTrip’s Exciting Promotions and Partnerships
- EaseMyTrip has partnered with PhonePe to offer hotel bookings on the platform, providing users access to millions of domestic and international hotel deals. Future plans include expanding to activities and cabs, creating a comprehensive travel solution.
- EaseMyTrip.com is the official travel partner for the IIFA Festival 2024, offering curated holiday packages and exclusive IIFA passes to customers
6.Co-Branded Travel Debit Card with Bank of Baroda
EaseMyTrip and Bank of Baroda have launched a co-branded travel debit card offering exclusive discounts on travel bookings, airport lounge access, and shopping perks. The card also includes air insurance and is aimed at enhancing the travel experience.
7. Launch of Easy Green Mobility, Entering in Indian EV market
EaseMy Trip is investing INR 200 crore to launch Easy Green Mobility, manufacturing 4,000-5,000 electric buses by 2027-28 in partnership with Yolo Bus. This initiative focuses on sustainable, long distance travel, targeting the rapidly growing Indian EV market,
Read more about the Green Energy Revolution
EaseMy TRIP -EV Promotion and Entering in new business along with YOLOBUS
The transition to a carbon-free future is crucial in combating climate change, and the promotion of green electric vehicles (EVs) plays a pivotal role in this effort. EVs produce zero tailpipe emissions, significantly reducing air pollution and lowering greenhouse gas emissions compared to traditional internal combustion engine vehicles.
Governments and industries worldwide are embracing this shift by offering incentives such as tax breaks, subsidies, and reduced registration fees for EVs. Additionally, investment in renewable energy sources like solar and wind is essential to ensure that the electricity powering these vehicles remains sustainable and carbon-neutral.
- EaseMyTrip received the Best OTA (National) Award at the Global Tourism Awards 2024
- Recognized as the Best Online Travel Portal of India at the Prestigious Brands of India 2024 awards, celebrating its excellence and leadership in the travel sector.
Q2F25 Results and Performance
Booking Revenue Breakdown Figure
EaseMy Trip Growth and Expansion Plan
EaseMy Trip planners have taken many initiatives in this years , Company have launched ScanMyTrip.com , India’s First travel marketplace on the ONDC platform and have also opened the 17th office in Ahmedabad ,Company’s strategy to reach to 100 franchises store by 2025, EaseMy Trip has partnered with the Uttar Pradesh Eco Tourism Development Board to promote eco-tourism in the state, EaseMyTrip is investing INR 200 crore to launch Easy Green Mobility, manufacturing 4,000-5,000 electric buses by 2027-28 in partnership with Yolo Bus and Company is also promoting the EV mobility Vehicle in partnership with yolo bus and contributing the carbon Initiative of Government.
India Tourism Industry Expansion by 2025
Acquisition of 49% in Australian Company
EaseMyTrip.com has acquired a 49% stake in Planet Education Australia, a leading education services provider. This move marks EaseMyTrip’s entry into the international study tourism market, expanding its presence in the tourism industry.
Established in 1999, Planet Education brings over 25 years of expertise in study abroad services, offering personalized counselling, university placements, and visa assistance. With a strong track record of supporting more than 45,000 students in achieving their international education goals, the company is headquartered in Sydney, Australia, and operates through a global network of 25 offices.
India Tourism Industry Expansion by 2025
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