Private Equity Other Private Equity/Strategic Investments
Travel portal EaseMyTrip acquires 49% stake in private flight operator Big Charter
Source BSE Announcement (opens in a new tab)Press Release (opens in a new tab)
Publicly listed, New Delhi-based online travel platform EaseMyTrip.com is to acquire a 49% stake in Mumbai-based Big Charter Pvt Ltd, which operates chartered flights.Founded in 2014 by Bhargava Natvarlal Mandavia, Rupal Sanjay Mandavia, and Sanjay Natvarlal, Big Charter Pvt Ltd is a player in regional connectivity and NSOP (Non-Scheduled Operator's Permit) operations, across India. In FY24, Big Charter generated INR 128.75 crore (approximately USD 15.5 million) in revenue.