EaseMyTrip.com is planning to raise the fund up to INR 750 crore through initial public offer. This company is very close to becoming the 1st online travel company to get listed on the domestic bourses. The Delhi-headquartered company, EaseMyTrip.com has engaged JM Financial and Axis Capital as merchant bankers for its upcoming initial public offering (IPO).

According to the source, the company is going to raise fund around through INR 750 crore through IPO and the final price of the issue is not been set yet. The company will file Draft Red Hering Prospectus (DRHP) in June 2019.

About EaseMyTrip:

Founded in May 2008 by the pitty brothers (Rikant and Nishant Pitti), the company provides hotel booking, air tickets, holiday packages, bus bookings and also white label services. The company has overseas branches in Bangkok, Dubai, Singapore and Maldives.