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Here is why analysts maintain a bullish mood for the ₹510 crore IPO of bootstrapped online travel aggregator EaseMyTrip
Here is why analysts maintain a bullish mood for the ₹510 crore IPO of bootstrapped online travel aggregator EaseMyTrip
Navdeep YadavMar 8, 2021, 11:17 IST
BCCL
The ₹510 crore IPO of EaseMyTrip is now open for public subscription.
The best thing about the travel aggregator is the cost-conscious model that sets it aside from other travel aggregators in India.
Being bootstrapped, the management of the company has tended to be extremely cost-conscious, and this has enabled them to be profitable since inception, said a Ventura report.
According to Choice Broking, Easy Trip has been profitable since its inception and is the only profitable company among the key OTAs. ....

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