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EaseMyTrip, a prominent travel tech platform in India, has announced a strategic collaboration with Zaggle Prepaid Ocean Services, a leading SaaS FinTech player specialising in spend management solutions for corporates. This partnership aims to deliver integrated travel and expense management solutions to EaseMyTrip’s corporate clients.
EaseMyTrip’s corporate clientele will now have seamless access to Zaggle‘s EMS platform, offering end-to-end travel and expense management solutions. This includes booking flights, hotels, and other travel arrangements, along with managing expenses incurred during travel.
The partnership aligns with the growing demand for robust expense management solutions driven by corporate travel. By integrating travel booking functionalities with expense reporting capabilities, the collaboration streamlines workflows, ensures compliance with corporate policies, and provides real-time visibility into travel expenditure.
According to industry estimates, Indian travelers’ total expenditure is projected to reach USD 410 billion by 2030, marking a significant 173 per cent increase compared to the pre-COVID period of 2019. This growth underscores the strategic positioning of both EaseMyTrip and Zaggle to capitalize on this burgeoning market.
Rikant Pittie, Co-Founder, EaseMyTrip, expressed excitement about the partnership, emphasising its role in offering streamlined workflows, policy compliance, and real-time visibility into travel expenditure to corporate clients. He underscored the partnership’s commitment to innovation and delivering unmatched value in the rapidly evolving travel industry.
Recent data reveals that over 30 per cent of Indian travellers prefer Middle East destinations, with the UAE and Saudi Arabia topping the list. India stands as Dubai’s primary source market, with 1.9 million visitors recorded in the first 10 months of 2023. Saudi Arabia, on the other hand, aims to welcome 7.5 million visitors by 2030.
Avinash Godkhindi, MD & CEO, Zaggle, highlighted the partnership’s commitment to empowering businesses with cutting-edge solutions. By leveraging Zaggle’s expertise in payment technology and EaseMyTrip’s extensive travel network, the collaboration aims to deliver unparalleled value to customers.The integrated travel and expense solution offer numerous benefits for businesses, including reduced errors, increased savings, and enhanced traveler experience. As India’s travel industry evolves, Zaggle remains committed to launching innovative solutions that enable businesses to thrive in an increasingly dynamic marketplace.
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