Brands
EaseMyTrip 2.0: Nishant Pitti plots a first-class upgrade for Indian startups
MUMBAI: Buckle up—EaseMyTrip is switching lanes. Chairman and founder Nishant Pitti has just rolled out EaseMyTrip 2.0, a turbocharged phase of growth where the travel-tech player won’t just book your holiday—it may just bankroll your next big startup.
Announced on 2 June, the move marks a bold pivot for one of India’s most profitable online travel agencies. Rather than gunning for control or swift exits, the brand’s new strategy will focus on acquiring up to 49 per cent equity in promising businesses while letting founders retain full operational control. The model? Think co-pilot, not cockpit hijack.
“We want to back founders who are building exciting businesses and not replace them,” said
Nishant Pitti. “EaseMyTrip 2.0 is about combining their vision with our platform to create real, lasting scale.”
The sectors in Pitti’s sights are as wide-ranging as a world map—from core travel segments like spiritual tourism (Ayodhya, Kedarnath, Varanasi), luxury escapes, and student travel to the more offbeat like air ambulances and intercity cabs. But there’s also a pivot to lifestyle. Wellness clinics, spa services, EMI travel payments, insurance, airport lounges and bespoke gifting are all part of the wishlist.
This is not angel investing in yoga pants. EaseMyTrip 2.0 aims to fuse scale with soul. Founders can expect working capital, access to customers, co-branded marketing, and full freedom to operate—without ceding their vision.
Entrepreneurs looking to hop aboard this flight can submit business plans, past financials and a three-year growth roadmap to vikash.goyal@easemytrip.com.
Founded in 2008, EaseMyTrip has managed to do the unthinkable in the OTA space—stay bootstrapped, profitable, and pandemic-resistant. With a 47 per cent CAGR in pre-tax profits (FY20–24), a zero-convenience-fee model, and presence in 10 global markets, the company is now ready to scale new altitudes. And this time, it wants fellow fliers.
As Pitti put it, ““We’re building an ecosystem; not just a travel company. “EaseMyTrip 2.0 is our commitment to helping India’s most promising businesses scale faster and with our expertise behind them.”
Let the startups take off.
Brands
Lululemon picks former Nike executive to be its next chief
Heidi O’Neill, who helped grow Nike into a $45 billion giant, will take the top job in September
CANADA: Lululemon has found its next chief executive, and she comes with serious credentials. The athleisure giant named Heidi O’Neill as its new CEO on Wednesday, ending a search that has left the company running on interim leadership since earlier this year. O’Neill will take charge on September 8, 2026, based out of Vancouver, and will join the board on the same day.
O’Neill brings more than three decades of experience across performance apparel, footwear and sport. The bulk of that time was spent at Nike, where she was a central figure in one of corporate sport’s great growth stories, helping take the company from a $9 billion business to a $45 billion global powerhouse. She oversaw product pipelines, brand strategy and consumer connections, and played a significant role in shaping how Nike spoke to athletes around the world. Earlier in her career, she worked in marketing for the Dockers brand at Levi Strauss. She also brings boardroom experience from Spotify Technology, Hyatt Hotels and Lithia and Driveway.
The board was unequivocal in its enthusiasm. “We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent,” said Marti Morfitt, executive chair of Lululemon’s board.
O’Neill, for her part, was bullish. “Lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential,” she said. “My job will be to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world.”
Until she arrives, Meghan Frank and André Maestrini will continue as interim co-CEOs, before returning to their previous senior leadership roles once O’Neill steps in.
Lululemon is betting that a Nike veteran who helped build one of the world’s most powerful sports brands can do something similar for an athleisure label that has genuine love from its customers but is still chasing its full global potential. O’Neill has done it before at scale. The question now is whether she can do it again.
