Alumni Profile: Prashant Pitti

Educational Background at IIT Madras

Prashant Pitti completed his B.Tech in Electrical Engineering from IIT Madras in 2005. The strong foundation laid during his academic years set the stage for his future endeavors.

Corporate Learning Journey

Post-graduation, Prashant entered the corporate world, gaining three years of valuable experience. His roles in corporate jobs provided insights into corporate culture, financial concepts, and customer service. Notably, he began his career with capitalOne, a significant stepping stone.

Entrepreneurial Venture - Founding EaseMyTrip

In 2008, Prashant, along with his brothers Nishant Pitti and Rikant Pitti, founded EaseMyTrip. This Indian online travel company offers a comprehensive range of travel services, including flight and hotel bookings, holiday packages, and bus tickets, through its online platform.

Corporate Success and Financial Independence

Despite fierce competition and the absence of external funding, EaseMyTrip achieved remarkable success. The company is valued at almost 5000 crores and attained profitability without relying on external investments. It stands as the second-largest travel portal in India, emphasizing frugal operations and customer benefits.

Innovation in Business Model

EaseMyTrip achieved an IPO without raising funds from investors and remained profitable for 13 years. A distinguishing feature is the company's policy of not charging convenience fees, providing substantial savings to customers. In FY20, EaseMyTrip conducted business worth four thousand crores, with plans for continued growth.

Beyond Business - Angel Investments

Prashant Pitti is not only an entrepreneur but also engages in angel investments. His interest extends to learning from other entrepreneurs while contributing insights gained from EaseMyTrip.com's organic growth. The journey of EaseMyTrip and Prashant's entrepreneurial spirit continues to impact the Indian online travel industry.