EaseMyTrip forays into electric bus manufacturing with YoloBus
Easy Green Mobility will manufacture EV buses, with YoloBus, another subsidiary of EaseMyTrip, serving as its operating arm
Easy Green Mobility will manufacture EV buses, with YoloBus, another subsidiary of EaseMyTrip, serving as its operating arm
EaseMyTrip is looking for acquisitions in non-air space, reveals Prashant Pitti.
“These initiatives are expected to stimulate local economies and attract both domestic and international tourists,” says Nishant Pitti, CEO and co-founder, EaseMyTrip.
The company’s board has approved a proposal to set up a joint venture, Jeewani Hospitality, which will oversee the construction of a luxurious hotel in Ayodhya, close to Ram Temple.
The company’s market cap rose to ₹8,959.44 crore.
The share price of the travel company has zoomed 126% in the last one year, from its 52-week low of ₹29.69 on November 23, 2021, to ₹67.10 intraday today.
The board of EaseMyTrip will meet on November 23 to consider and approve the issuance of bonus shares and subdivision of equity shares.