Easy Trip Planners gains over 3% on inking pact with Zaggle for travel, expense management solutions

The increasing volumes of corporate travel and emphasis on cost control have intensified the demand for robust expense management solutions, the company said. Modern solutions offer user-friendly interfaces, mobile apps, and automated processes, streamlining expense reporting and enhancing the overall travel experience for employees, the company added.

Expense management solutions are facilitating travel by ensuring policy compliance, providing centralised visibility, enhancing efficiency and automation, and offering data-driven insights.

The company said the integrated travel and expense solution offers several advantages for businesses, including reduced errors, increased savings, and enhanced traveller experience.

| Avinash Godkhindi, Co-Promoter, MD & CEO of Zaggle Prepaid Ocean Services spoke at length about the recent agreement it signed with Easy Trip Planners for travel and expense management solutions in an interview with CNBC-TV18.

Industry estimates project that Indian travelers will spend a total of $410 billion by 2030, positioning India as the fourth-largest global spender. This represents a significant 173% increase compared to the pre-Covid period in 2019.

"By integrating travel booking with expense reporting, we offer a streamlined workflow, policy compliance, and real-time visibility into travel expenditure to our corporate clients," Rikant Pittie, the co-founder of EaseMyTrip, said.

At 10.22 am, shares of Easy Trip Planners were trading 1.31% higher at ₹49.55 on the BSE.