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EaseMyTrip acquires 55% stake in cheQin for ₹3 crore

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Online travel technology platform EaseMyTrip said on Tuesday it had achieved a majority of 55 percent Efford in cheQin for Rs 3 crore. cheQin is a real-time marketplace that allows travelers to effortlessly negotiate with hoteliers.

The deal will help strengthen EaseMyTrip’s hotel channel in terms of technology, adaptability, personalization and the acceptance of bulk bookings and long-stay requests, the company said in a statement.

“EaseMyTrip focuses on the growth of its non-air segments. This acquisition is a step towards revolutionizing the hotel business. Through cheQin, a unique app in the hotel industry, we will diversify our hotel booking experience through technology support, “EaseMyTrip CEO and co-founder Nishant Pitti said.

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