EaseMyTrip, a renowned travel service provider, plans to acquire a 51% stake in three prominent travel companies: Guideline Travels Holidays India, TripShope Travel Technologies, and Dook Travels. The acquisition will be financed through the issuance of EaseMyTrip’s equity shares to the selling shareholders of these firms. This collaboration will enable EaseMyTrip to offer a diverse range of exceptional travel services, leveraging the extensive expertise and track record of these targeted companies in various sectors such as group tours, customized ventures, flights, holidays, and more.
Easy Trip Planners Ltd, a travel service provider known as EaseMyTrip recently announced its plans to acquire a 51% stake, in three travel companies.
The targeted companies include Guideline Travels Holidays India Private Ltd, Dook Travels Private Ltd and Tripshope Travel Technologies Private Ltd. EaseMyTrip intends to finance the acquisition by issuing its equity shares to the selling shareholders of these firms on a basis as stated in a filing.
Guideline Travels operates in both B2C and B2B sectors offering group tours, customized FIT ventures, fixed departures, MICE movements and primarily focusing on cruises.
Based in Kashmir TripShope Online provides travel and leisure solutions such, as flights, holidays, hotels, and more.
Described as an integrated travel management company headquartered in Delhi with operations spanning CIS countries (Commonwealth of Independent States) Turkey, the UAE (United Arab Emirates), and India; Dook Travels has successfully served over one lakh tourists over eight years.
These three companies possess a track record and extensive expertise within their domains.”Working in collaboration, with these travel companies we are able to offer a range of exceptional services that cater to a diverse set of customers ” commented Nishant Pitti, one of the co-founders of EaseMyTrip.
