EaseMyTrip Acquires 55% stake In cheQin For Rs 3 Crore

cheQin is a real-time marketplace, which allows travellers to bargain with hoteliers without any effort.

PTI @PTI_News

9:47 PM IST, 24 Jan 20239:47 PM IST, 24 Jan 20239:47 PM IST, 24 Jan 20239:47 PM IST, 24 Jan 2023

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Online travel tech platform EaseMyTrip.com on Tuesday said it has acquired a 55% majority stake in cheQin for Rs 3 crore.

cheQin is a real-time marketplace, which allows travellers to bargain with hoteliers without any effort.

The deal will help in strengthening EaseMyTrip's hotel channel in terms of technology, adaptability, personalisation, and the acceptance of bulk booking and long stay requests, the company said in a statement.

"EaseMyTrip is focusing on the growth of its non-air segments. This acquisition is a step towards revolutionising the hotel business altogether. Through cheQin, which is a unique app in the hotels industry, we will diversify our hotel booking experience through technology support", EaseMyTrip's CEO and Co-Founder Nishant Pitti said.