Latest news with #EMTInvest
India Gazette
10 hours ago
- Business
- India Gazette
EaseMyTrip launches 'EMT Invest' to fuel growth-ready and profitable businesses across high-potential sectors
New Delhi [India], June 9 (ANI): one of India's leading online travel tech platforms, has announced the launch of EMT Invest, a strategic investment arm aimed at accelerating the growth of founder-led, profitable businesses across diverse high-growth sectors. With this initiative, EaseMyTrip seeks to partner with ventures that are ready to scale and are looking for capital, digital ecosystem leverage, and strategic brand support, the company said in a statement on Monday. Designed as more than just a funding mechanism, EMT Invest will focus on companies that have a proven track record of profitability with a minimum Profit Before Tax (PBT) of Rs 5 crore or more. These businesses should demonstrate strong unit economics, operate on scalable business models, and be actively led by promoters who retain full operational control. EMT Invest is particularly suited for ventures that are poised for expansion and require growth capital to scale over the next three to five years, the statement noted. Through EMT Invest, EaseMyTrip will typically acquire a strategic minority stake (up to 49 per cent), ensuring that promoters retain full control and autonomy. The partnership model allows businesses to scale rapidly by tapping into EMT's robust digital infrastructure, brand capital, and a user base of over 3 crore customers. Nishant Pitti, Founder and Chairman of EaseMyTrip, said, 'With EMT Invest, we are expanding our ecosystem to support ambitious, growth-oriented businesses in reaching their full potential. This initiative reflects our belief in strategic collaboration--where capital meets capability and vision. Our aim is to empower founders to scale efficiently while maintaining their entrepreneurial independence. EMT Invest is about building lasting value and enabling the next generation of business leaders to achieve transformative success.' The key benefits for investee companies include a capital infusion to drive expansion and innovation and seamless access to EaseMyTrip's robust technology and marketing infrastructure. 'EMT Invest ensures zero operational interference, allowing founders to retain full control while benefiting from strategic brand-building, distribution, and go-to-market support to accelerate their growth journey,' the statement added. 'EaseMyTrip emphasizes that the objective of EMT Invest is to unlock long-term value, ultimately preparing partner companies for significant milestones such as IPOs or secondary exits,' it said. Interested companies are encouraged to initiate discussions by submitting the last two years of audited financials, cash flow statements, cap table, and a 3-5 year business plan, it added. (ANI)
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Business Standard
15 hours ago
- Business
- Business Standard
EaseMyTrip launches investment arm to back growth-ready, profitable firms
Online travel tech platform on Monday announced the launch of a strategic investment arm, EMT Invest, to accelerate growth-ready profitable businesses across diverse high-growth sectors. EMT Invest will focus on companies that have a proven track record of profitability with a minimum Profit Before Tax (PBT) of Rs 5 crore or more, said in a statement. With this initiative, EaseMyTrip seeks to partner with ventures that are ready to scale and are looking for capital, digital ecosystem leverage, and strategic brand support. "With EMT Invest, we are expanding our ecosystem to support ambitious, growth-oriented businesses in reaching their full potential. "Our aim is to empower founders to scale efficiently while maintaining their entrepreneurial independence. EMT Invest is about building lasting value and enabling the next generation of business leaders to achieve transformative success," EaseMyTrip Founder and Chairman Nishant Pitti said.
India Gazette
3 days ago
- Business
- India Gazette
EasyMyTrip launches 'EMT Invest' to back profitable businesses to scale
New Delhi [India], June 7 (ANI): Online travel platform EaseMyTrip has launched 'EMT Invest' to partner with profitable, founder-led businesses that are ready to scale. In a statement, the company said that it is looking to partner with businesses that report a minimum profit before tax (PBT) of Rs 5 crore, have strong unit economics and scalable models, and operate in any high-growth sector. A key criterion is that these businesses must be promoter-led with full operational control and a clear need for growth capital over the next three to five years. To initiate the engagement, EMT Invest has invited interested companies to share their last two years of audited financials, cash flow statement, cap table, and a detailed 3-5 year business plan. EMT Invest's typical investment model involves acquiring a strategic minority stake of up to 49 percent, ensuring that promoters retain full control. 'Our goal is to create long-term value and prepare the company for significant milestones such as IPOs or secondary exits,' the company said. Investment structure and terms will be finalised during the second phase based on mutual understanding and regulatory compliance, according to the statement. Earlier on June 1, Founder and Chairman of the company Nishant Pitti said EaseMyTrip 2.0 story will be about growth in India's next big businesses. Taking to his social media handle X, EaseMyTrip Founder and Chairman posted that the company is 'looking for founders who need working capital to grow and where the popular travel platform can take up to 49 per cent equity.' The equity stake in such companies will come with a clear objective of helping scale using EaseMyTrip's 3+ crore customer base, brand trust, and digital infrastructure, Pitti said. EaseMyTrip says it is India's fastest-growing and the only profitable Online Travel aggregator, which is 100 per cent bootstrapped and listed on NSE and BSE. EaseMyTrip commenced its operations in 2008 by focusing on the B2B2C (business to business to customer) distribution channel and providing travel agents access to its website to book domestic travel airline tickets in order to cater to the offline travel market in India. Subsequently, by leveraging its B2B2C channel, the company commenced operations in the B2C (business to customer) distribution channel in 2011 by primarily focusing on the growing Indian middle class population's travel requirements. It later commenced operations in the B2E (business to enterprise) distribution channel in 2013 with the aim of providing end-to-end travel solutions to corporates. (ANI)
Time of India
3 days ago
- Business
- Time of India
EasyMyTrip launches 'EMT Invest' to back profitable businesses to scale
Synopsis EaseMyTrip unveiled EMT Invest, a new initiative designed to forge alliances with thriving, founder-led enterprises. Targeting businesses that have achieved a pre-tax profit of Rs 5 crore and exhibit robust unit economics, EaseMyTrip seeks a minority stake, empowering founders to retain their leadership.
