Online travel aggregator EaseMyTrip plans to diversify into the charter aviation sector with the acquisition of a 49% stake in Big Charter Pvt Ltd.
The deal is subject to final approval from EaseMyTrip's board and shareholders.
The acquisition will allow EaseMyTrip to offer personalized and premium air travel options to high-end customers and expand its presence in Tier II and Tier III cities.
EaseMyTrip also approved various decisions for its international expansion, including capital infusion into subsidiaries in Saudi Arabia, the United States, Brazil, and the UAE.