Yatra Buys PL Worldways in India-Focused Corporate Travel Push
Photo Credit: Dhruv Shringi, co-founder and CEO, Yatra Online, Inc., shown here at his company's headquarters in Gurugram. Yatra, India's largest online corporate travel provider, has acquired the TMC of PL Worldways, a Chennai-based corporate travel services provider. Yatra
Skift Take
This tuck-in deal is minuscule, but it underscores Yatra's drive to maintain its position as India's largest online provider of travel booking tools for corporations. Yatra has the potential to build an "Egencia for India" over the course of five or 10 years.
Yatra, India's second-largest homegrown online travel agency after MakeMyTrip, has been on a multi-year push into corporate travel.
On Thursday, it further cemented its claim to be India's largest online player in business travel by acquiring the corporate travel management business of PL Worldways, a Chennai-based corporate travel services provider.
The companies didn't disclose the terms of the deal. The merger will add more than 100 corporate clients to its existing client base of more than 700.
Yatra, whose name is Hindi for "journey," opened its platform
