Search
HomeLatest NewsEaseMyTrip acquires majority stake in Nutana Aviation Capital

EaseMyTrip acquires majority stake in Nutana Aviation Capital

Latest News

Published on

By Vishvajeet Kumar Gupta

Online travel booking website EaseMyTrip has acquired a majority stake in Nutana Aviation Capital. This is the second acquisition for the Mumbai-based company in 2022. Nutana is an aviation asset financing and leasing company.

The board at EaseMyTrip has passed a special resolution to acquire 75% of the stake in Nutana Aviation Capital IFSC Private Limited, under a definitive agreement, a regulatory filing filed with the National stock exchange (NSE) shows.

Nutana Aviation offers charter solutions to clients in India and abroad. It leases charter aircraft enabling operators to run efficiently along with providing charter booking services to its clients, within and outside India.

- Advertisement -

The strategic acquisition by EaseMyTrip will help the company expand its footprint s to the international markets, the company stated in the filings. Nutana aviation will continue to run and operate and operate as an independent entity, EaseMyTrip further added.

Founded in 2008 by Nishant Pitti, Prashant Pitti, and Rikant Pitti, EaseMyTrip offers deals on flight booking, hotels, and holiday packages. The company has been one of the few bootstrapped startups to hit the public market and has been profitable as well.

READ ALSO:-

Founder Nitish Mittersain takes charge as CEO of Nazara

Post Views: 49

Latest articles

Funding Alert

DVARA KGFS Raises $10 Mn in Debt Funding Round

Dvara Kshetriya Gramin Financials (DVARA KGFS), an NBFC operating in remote rural parts of...
Business

Incred Alternatives Launches INR 330 Crore Private Equity Fund

Launching its first private equity fund, Incred Alternative Investments raised INR 330 crore during...
Funding Alert

Funding Alert: “Eternz Raises $1.15 Mn in Pre-Seed Funding”

Eternz, a curated vertical marketplace for jewellery, has raised $1.15 million in its pre-seed...
Funding Alert

Funding Alert: BharatRohan Raises $2.3 Mn in Pre-IPO Round

BharatRohan, an agritech firm focused on drone-based hyperspectral remote sensing, has raised $2.3 million...

More like this

Funding Alert

DVARA KGFS Raises $10 Mn in Debt Funding Round

Dvara Kshetriya Gramin Financials (DVARA KGFS), an NBFC operating in remote rural parts of...
Business

Incred Alternatives Launches INR 330 Crore Private Equity Fund

Launching its first private equity fund, Incred Alternative Investments raised INR 330 crore during...
Funding Alert

Funding Alert: “Eternz Raises $1.15 Mn in Pre-Seed Funding”

Eternz, a curated vertical marketplace for jewellery, has raised $1.15 million in its pre-seed...

Market Money is India’s online platform that provides its users with information, news and insights related to Technology & Startup ecosystem.

[tdn_block_newsletter_subscribe title_text="Subscribe" description="VG8lMjBnZXQlMjBlbWFpbCUyMHVwZGF0ZXMlMjBmcm9tJTIwVG9kYXklMjBOZXdzLg==" input_placeholder="Your email address" btn_text="Subscribe" tds_newsletter2-image="583" tds_newsletter2-image_bg_color="#c3ecff" tds_newsletter3-input_bar_display="row" tds_newsletter4-image="584" tds_newsletter4-image_bg_color="#fffbcf" tds_newsletter4-btn_bg_color="#f3b700" tds_newsletter4-check_accent="#f3b700" tds_newsletter5-tdicon="tdc-font-fa tdc-font-fa-envelope-o" tds_newsletter5-btn_bg_color="#000000" tds_newsletter5-btn_bg_color_hover="#4db2ec" tds_newsletter5-check_accent="#000000" tds_newsletter6-input_bar_display="row" tds_newsletter6-btn_bg_color="#da1414" tds_newsletter6-check_accent="#da1414" tds_newsletter7-image="585" tds_newsletter7-btn_bg_color="#1c69ad" tds_newsletter7-check_accent="#1c69ad" tds_newsletter7-f_title_font_size="20" tds_newsletter7-f_title_font_line_height="28px" tds_newsletter8-input_bar_display="row" tds_newsletter8-btn_bg_color="#00649e" tds_newsletter8-btn_bg_color_hover="#21709e" tds_newsletter8-check_accent="#00649e" tdc_css="eyJhbGwiOnsibWFyZ2luLWJvdHRvbSI6IjAiLCJkaXNwbGF5IjoiIn19" embedded_form_code="YWN0aW9uJTNEJTIybGlzdC1tYW5hZ2UuY29tJTJGc3Vic2NyaWJlJTIy" tds_newsletter1-title_color="var(--today-news-white)" tds_newsletter1-f_title_font_family="394" tds_newsletter1-f_title_font_transform="uppercase" tds_newsletter1-f_title_font_spacing="-0.5" tds_newsletter1-f_title_font_size="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxMyJ9" tds_newsletter1-f_title_font_line_height="1.2" tds_newsletter1-description_color="var(--today-news-light-gray)" tds_newsletter1-f_descr_font_family="394" tds_newsletter1-f_descr_font_size="eyJhbGwiOiIxMyIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMSIsInBob25lIjoiMTIifQ==" tds_newsletter1-f_descr_font_line_height="1.3" tds_newsletter1-f_title_font_weight="700" tds_newsletter1-input_bg_color="var(--today-news-white-transparent2)" tds_newsletter1-input_border_size="0" tds_newsletter1-input_text_color="var(--today-news-white)" tds_newsletter1-input_placeholder_color="var(--today-news-light-gray)" tds_newsletter1-f_btn_font_family="394" tds_newsletter1-f_btn_font_transform="uppercase" tds_newsletter1-f_btn_font_weight="700" tds_newsletter1-f_btn_font_spacing="-0.3" tds_newsletter1-f_btn_font_size="eyJhbGwiOiIxMyIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMSIsInBob25lIjoiMTIifQ==" tds_newsletter1-f_input_font_size="eyJhbGwiOiIxMyIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMSIsInBob25lIjoiMTIifQ==" tds_newsletter1-f_input_font_family="394" tds_newsletter1-btn_bg_color="var(--today-news-accent)" tds_newsletter1-btn_bg_color_hover="var(--today-news-accent)"]

© 2024 Market Money Media