An online travel tech company EaseMyTrip on Tuesday acquires a 55 per cent stake in cheQin, according to media reports.
A media agency reported that the 55 per cent stakes of hotel booking marketplace cheQin have been acquired by EaseMyTrip for Rs 3 crore.
With its application, CheQin offers an option to travellers to pay directly at the hotel.
cheQin claims that it has over 60,000 properties, including 3-, 4-, and 5-star hotels, private stays, vacation rentals, beach resorts and low-cost rooms.
With this acquisition, EaseMyTrip will be leveraging CheQin's innovative hotel booking options for its customer base.