Easy Trip Planners Limited has diversified its business by incorporating a wholly owned subsidiary, Easy Green Mobility Private Limited, on October 9, 2024.
This new venture, focusing on the automotive industry, comes with an authorized share capital of INR 5 crore and a paid-up capital of INR 1 crore. The acquisition cost amounted to INR 1 crore, giving Easy Trip Planners complete control over the new subsidiary.
This move marks a shift from Easy Trip Planners’ core business of travel and tourism as the company aims to expand into the automotive sector. The company’s decision to diversify reflects its forward-thinking approach to exploring new opportunities beyond its traditional business segments. The incorporation of Easy Green Mobility signals the company’s intent to tap into the growing automotive market in India.
