Online travel service provider, Easy Trip Planners Ltd on Wednesday said it will acquire a 55 per cent stake in Glegoo Innovations Pvt Ltd, an online travel and tours firm, for Rs 3 crore.
The company signed a share purchase agreement with Glegoo Innovations Pvt Ltd on January 24, 2023, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing.
The board of the company has considered and approved the acquisition, it added.
Glegoo will add a new revenue vertical for the company and enable it to scale up its business for online tours and travel related services, it added.
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Registered with the Registrar of Companies Vijayawada, Glegoo is in the online travel and tours related services, the company said.
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