Easy Trip Planners, the holding company of travel technology firm EaseMyTrip, announced on Tuesday that its board has given the green light to raise up to INR 1,000 crore through a preferential issue. This announcement follows closely on the heels of EaseMyTrip’s recent acquisition of a non-controlling stake, approximately 13%, in Eco Hotels and Resorts Limited. The acquisition was made through a share swap deal, marking EaseMyTrip’s entry into the hotel and hospitality sector.
