Easymytrip has acquired a 49% share in Planet Education Australia, a study abroad consultancy service provider based in Australia

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Planet Education, founded in 1999, provides counseling, university placements, and visa support for students seeking to further their education abroad

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The company would buy a stake in Planet Education by swapping shares worth INR 39.20 Cr with existing shareholders

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EaseMyTrip aims to grow into foreign study tourism through the acquisition

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The company aims to capitalize on Planet Education's 25-year experience in worldwide education

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Planet Education collaborates with over 350 universities in Australia, the US, the UK, Canada, Singapore, Ireland, and New Zealand

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EaseMyTrip's board has approved acquiring a 50% stake in Jeewani Hospitality Private Limited for INR 100 Cr through a share swap

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Earlier this year, the company announced a partnership with the Jeewani Group to build a new five-star hotel in Ayodhya for up to INR 100 crore

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EaseMyTrip's consolidated profit after tax decreased by 42.8% to INR 26.8 Cr in Q2 FY25, from INR 46.9 Cr the previous year

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Revenue from operations increased by 2.1% to INR 144.6 Cr in Q2 FY25, up from INR 141.6 Cr in September quarter last year

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