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Online travel platform EaseMyTrip has announced five back-to-back investment deals worth Rs 514 crore, marking its biggest diversification push beyond travel and ticketing, as per the regulatory filings.
The company will fully acquire AB Finance Private Limited, while picking up minority stakes in Three Falcons Notting Hill, Javaphile Hospitality, Levo Beauty, and SSL Nirvana Grand Golf Developers. All transactions will be executed through a share swap, with EaseMyTrip issuing new equity shares on a preferential basis instead of paying cash.
According…
