EaseMyTrip’s board has approved a rights issue to raise up to ₹500 crore, but the company did not reveal which shareholders are eligible or the exact purpose of the funds. The move follows a weak financial run, including a 90% year-on-year profit drop in Q3 FY26, promoter stake pledges, and leadership changes that have pushed investors to sell.
EaseMyTrip is expanding into Brazil, signing agreements with multiple Brazilian companies to grow its presence across Latin America. With Brazil’s large economy and rising digital travel adoption, the move is designed to help EaseMyTrip understand local needs through partners and tailor travel solutions. The rollout signals a broader push beyond India as demand grows across emerging markets.
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