EaseMyTrip signed a long-term agreement with Travelport for its Global Expansion and ITQ in India

Travelport, a leading technology company serving the global travel industry, with its authorized partner InterGlobe Technology Quotient (ITQ), announced today the renewal of agreement in India and signed a long-term global services agreement with EaseMyTrip, one of the largest OTA in India, to provide seamless access to Travelport+ (an efficient travel commerce platform) for its worldwide operations.

"We are pleased to partner with Easemytrip, using our innovative technology capabilities and delivering best options for the world to travel again. It is exciting and enticing too that together with Travelport we are unlocking the new growth avenues for all our customers. Looking forward to continue to expand our offerings for the patrons ensuring better service delivery always." said Sandeep Dwivedi, Chief Operating Officer at InterGlobe Technology Quotient.

"This is a powerful milestone in our decade old journey with EaseMyTrip, this long-term preferred partnership will provide us with new and exciting opportunities to further EaseMyTrip's global expansion," said Mark Meehan, Global Vice President, Global Operators at Travelport. "With travel borders rapidly reopening, I am delighted to see our shared vision for a modern travel retail continue to bring a wealth of cutting-edge advantages for both our customers and our industry, thus enabling us to further transform the travel ecosystem across these markets."

Speaking of the long-term partnership, Nishant Pitti, CEO and Co-Founder, EaseMyTrip said, "We are thrilled to announce our partnership with Travelport. These are exciting times for EaseMyTrip as we continue to gain market share on a sustainable basis and we are delighted about this new development. With this partnership, we will continue to offer great value-add to our customers and offer them world-class services. We truly believe that this partnership with Travelport will be a huge step towards transforming our entire travel booking experience. We are a leading technology platform that has remained profitable since its inception. Our core objective for running a business is always to thrive in a balance between efficiency and profitability and this deal will help us to sustain the same."

Shares of Easy Trip Planners Limited was last trading in BSE at Rs. 455.80 as compared to the previous close of Rs. 434.30. The total number of shares traded during the day was 983873 in over 9523 trades.

The stock hit an intraday high of Rs. 456.00 and intraday low of 428.00. The net turnover during the day was Rs. 447142824.00.

Source : Equity Bulls

Keywords

EasyTripPlanners INE07O001018 EASEMYTRIP InterGlobeTechnologyQuotient Travelportplus