Online travel aggregator EaseMyTrip has now rolled out a marketplace, ScanMyTrip.com to offer travel services on ONDC
ScanMyTrip will serve as a platform where OTAs, MSMEs, travel agents and homestays can list services such as flights, hotels and accommodations on the network
Additionally, ScanMyTrip simplifies the onboarding process, making it easier for businesses to connect with travellers and compete in the online marketplace
Just over three months after signing a letter of intent to join the government-backed Open Network for Digital Commerce (ONDC), online travel aggregator Easemytrip
has now rolled out a marketplace, ScanMyTrip.com, to offer travel services on the network.
With this, EaseMyTrip also became the first OTA to both offer and purchase travel services via ONDC, the company said in a statement.
It further said that ScanMyTrip will serve as a platform where OTAs, MSMEs, travel agents and homestays can list services such as flights, hotels and accommodations on the network, expanding their reach within the digital marketplace.
EaseMyTrip added that its partnership with ONDC will benefit businesses in the travel and tourism sector from the digital infrastructure provided by the network.
Additionally, ScanMyTrip simplifies the onboarding process, making it easier for businesses to connect with travellers and compete in the online marketplace, the company further said in a statement.
In May, EaseMyTrip, along with a few other Indian unicorns such as OfBusiness, Zerodha, PhysicsWallah, signed a letter of intent to join ONDC.
This development comes at a time when EaseMyTrip has been consistently taking efforts to expand its footprint into wider markets and various other business sectors.
For instance, the online travel agency incorporated a wholly owned subsidiary Easy Green Mobility to manufacture ebuses and operate via EaseMyTrip’s other subsidiary YoloBus, in September.
Additionally, the company also acquired a 4.94% stake in ETrav Tech Limited, which is expected to diversify the startup’s service portfolio and enhance its offerings for corporate clients.
Earlier this year, EaseMyTrip announced its foray into the insurtech sector with the launch of its new insurance arm, called EaseMyTrip Insurance Broker to offer insurance brokerage services to Indian customers.
In 2023, the traveltech major acquired a non-controlling stake of about 13% in Eco Hotels and Resorts Ltd in a share swap deal to enter the hotel and hospitality industry. Also, EaseMyTrip cofounder Prashant Pitti was considering to launch its co-lending platform and NBFC to serve the underserved MSME market.
Rikant Pittie, cofounder of EaseMyTrip said, “By integrating ScanMyTrip.com with ONDC Network, we are ensuring that every travel service provider in the ecosystem, from homestays to MSMEs, has the opportunity to thrive in a competitive digital market.”
“Our goal is to provide access to advanced digital tools for businesses of all sizes, helping them scale and reach new customers,” added Pittie.
Recently, the traveltech major reported a net profit of INR 33.9 Cr posted in the June quarter (Q1) of the financial year 2024-25 (FY25), compared to 31% YoY from INR 25.9 Cr.
Meanwhile, its quarterly revenue zoomed 23% to INR 152.6 Cr, from INR 124 Cr posted in Q1 FY24, boosted by air tickets.
Shares of EaseMyTrip closed at INR 41.08 on the BSE, in the intraday trading today (September 12), marking a 1.8% decline compared to the previous close of INR 41.83.
