Bhopal, Feb. 24 -- At the Madhya Pradesh Global Investors Summit (GIS) 2025, held in Bhopal, Rikant Pittie, CEO of EaseMyTrip, announced the company's plans to invest Rs200 crore in the electric bus sector.

The investment aims to revolutionize sustainable transport in the state, aligning with India's growing EV industry, which is currently valued at USD 3 billion and expanding at an 18 per cent CAGR.

Pittie confirmed that EaseMyTrip, through its 100 per cent subsidiaries YoloBus and Easy Green Mobility, has secured a tender to introduce electric buses in Sagar (MP) and other cities across Madhya Pradesh.

"We have signed an agreement. It's actually a tender, wherein we have been able to provide quite a lot of buses to Sagar State. The i...