EaseMyTrip Introduces ScanMyTrip.com, India’s First Travel Marketplace on the ONDC

Tags: National News

EaseMyTrip, a leading online travel aggregator, has launched ScanMyTrip.com, entering the Open Network for Digital Commerce (ONDC).

An Overview of the News

• This makes EaseMyTrip the first Online Travel Agency (OTA) to offer and purchase travel services through the ONDC network.

• ScanMyTrip.com is a marketplace for travel services, allowing OTAs, MSMEs, travel agents, and homestays to list and access services such as flights and accommodations.

Vision and Goals

• EaseMyTrip aims to enhance digital infrastructure for businesses in the travel and tourism sector.

• Rikant Pittie, cofounder of EaseMyTrip, highlighted that the platform is designed to support travel service providers like homestays and MSMEs, helping them compete in a digital market.

• The goal is to provide advanced digital tools for businesses of all sizes to scale and reach more customers.

Financial Performance and Share Movements

• EaseMyTrip reported a net profit of INR 33.9 Crore for Q1 FY25, up 31% year-on-year.

• Quarterly revenue increased by 23% to INR 152.6 Crore, driven mainly by air ticket sales.

• Despite the financial growth, its shares closed 1.8% lower, at INR 41.08 on the BSE.