Marking its entry into the international study tourism sector, EaseMyTrip.com has announced its acquisition of a 49 per cent stake in Planet Education Australia Pty Ltd. This strategic move strengthens EaseMyTrip’s position in the tourism industry by diversifying its offerings.
"Every year, lakhs of students pursue higher education in countries like the USA, Canada, the UK, Australia, Singapore, New Zealand, and Ireland. Our acquisition in Planet Education is a strategic step to enter the burgeoning international study of tourism, allowing us to offer a seamless, end-to-end experience that integrates both education and travel services for our customers. Leveraging Planet Education's expertise, we aim to simplify the process of visas and documentation for students, making it hassle-free. We see immense potential in Planet Education's model and are excited to combine our tech-driven capabilities with their expertise to create enhanced value for our valued customers," remarked Nishant Pitti, CEO & Co-Founder of EaseMyTrip.
The acquisition aligns with EaseMyTrip’s vision to expand its service portfolio and tap into the growing demand for study tourism. Planet Education will gain access to EaseMyTrip’s vast customer base, extensive network of B2B agents, and advanced tech capabilities. In return, EaseMyTrip will leverage Planet Education’s expertise in university placements, visa assistance, and pre- and post-travel support. This collaboration also creates a synergy between EaseMyTrip’s robust online presence and Planet Education’s operational excellence. By integrating these strengths, the partnership aims to offer students a seamless education and travel experience.
“Planet Education is one of the pioneers in Foreign Education Industry of India and has existed since last more than 25 years. It is a fact that Indian students are more inclined to go abroad for studies for multiple reasons and its numbers are increasing year after year. Planet Education is one of the top facilitators to students for admission, visas, pre departure briefings and all other related services. Proposed alliance would be a perfect synergy for expansion and growth of businesses of both the entities whereby wide network of Planet Education in form of its presence across the country and EaseMyTrip’s presence through its online platform for travel and tourism will be facilitating each other’s line of business and thereby achieving growth in the businesses," said Sanket Shah, Promoter, Planet Education.