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.
MakeMyTrip has upgraded its AI travel assistant to Myra 2.0, bringing fully conversational booking journeys with integrated payments, multilingual voice support, and document uploads. The company says the upgrade is aimed at making personalized trip planning simpler and more accessible, extending beyond big metros to Tier 2 and smaller markets.
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Ixigo has rolled out a fully AI-native app built to help travelers discover trips, make decisions, and book using natural voice interactions. The upgraded experience centers on an AI travel assistant called TARA, which delivers hyper-personalized recommendations and can handle complex travel queries, aiming to simplify planning end to end.
Nasdaq-listed travel tech firm MakeMyTrip is reportedly targeting an India listing in Q1 2027. Bloomberg says it has already roped in Axis Capital, Morgan Stanley and JP Morgan as advisers, with more banks expected to join. The company plans to raise capital from domestic investors and use India-listed equity to fund growth, alongside a brand consolidation under one Indian entity.
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.
Google Wallet is rolling out a Live Updates feature on Android 16 that pushes real-time flight details to the lock screen and always-on display. Travelers can get instant changes on departures, delays, and boarding pass information without opening the app, making it easier to stay on top of shifting schedules while moving through airports.
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