EaseMyTrip

The idea for EaseMyTrip came when the brothers, Nishant Pitti and Rikant Pitti used to book air tickets for their father's frequent business trips, and saved money in the booking process. Initially based out of their home garage as a travel agency, the duo lost all of the initial investment within the first three months.Later on, references from family and friends helped and a major turnaround came when an airline noticed multiple bookings coming from a single email account and contacted the Pitti brothers to become its travel partner.Nandan Jha joined as the COO in 2017In 2019, EaseMyTrip had a network of more than 42,000 travel agents, 1,200 franchise outlets, 640 white-label solutions, and around 1,600 distributors.In January 2020, EaseMyTrip announced it will allow users to book flight tickets via WhatsApp. Users can activate the autonomous interactive program by sending a message and the booking bot will guide users through the end-to-end process.In March 2021, EaseMyTrip went public.In May 2021, it was reported to be the fastest growing online travel agency.In June 2021, EaseMyTrip collaborated with Oyo Rooms, Airbnb, and Yatra to form the Confederation of Hospitality, Technology and Tourism Industry , an industry body for the tourism sector of India.In September 2021, it became an unicorn after its market capitalization crossed $1 billion. In December 2021, the organization hired Vijay Raaz and Varun Sharma as their brand ambassadors.EaseMyTrip has acquired Spree Hospital, a hospital management company established in 2011 by Keshab Baljee for an undisclosed amount. Spree Hospitality was the company's second acquisition. The officials of the EaseMyTrip stated that the acquisition will not only increase the company's revenue but will also enhance the company's portfolio.In the year 2019, EaseMyTrip expanded its operations to international markets such as UAE, UK, US, Philippines, Singapore, and Thailand and reported a consolidated revenue of ?59.78 crore. In 2022, the company had a 23% drop in net profit by the end of financial year in 2022 to ?23 crore, as compared to ?30 crore in 2021.The company announced the acquisition of travel marketplace Traviate in October 2021. In the same year, the company launched another feature where if a person can show a waiting ticket in a train, they would get a discount from Easemytrip on flights.Recently, a consumer technology firm from Pune called udChalo filed a trademark infringement case against EaseMyTrip. Previously, MakeMyTrip also moved to Delhi High Court against the company and Google both for Trademark violation.