Easy Trip Planners (EaseMyTrip) has received approval for execution of definitive agreement in connection with the proposed investment of 50% in the aggregate post money paid-up equity share capital of Jeewani Hospitality (JHPL) for a value of Rs 1,00,00,00,000 by subscribing to the new equity shares of JFPL for which the subscription amount will be paid by the Company to JFPL by way of equity share swap, i.e., issuance of its own fully paid-up equity shares on preferential basis.

The above-mentioned proposed investment by the Company shall be subject to completion of customary conditions precedent, obtaining of relevant approvals from the shareholders/ members of the Company, and any other regulatory approval, as may be required under the applicable law. The Board of Directors at their meeting held on November 15, 2024, has considered and approved the same. 

Easy Trip Planners is the second largest online travel agency in India in terms of gross revenue.