Articles tagged “yatra”

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Sean O'Neill, Skift

Corporate travel and event planning seem to be the only profitable paths in India's online travel scene, at least for now.

Why Ebix Wants to Buy India’s Corporate Travel Player Yatra for $336 Million

Sean O'Neill, Skift

Ebix has made a generous takeover bid for Yatra, a corporate travel services provider and online travel agency, to create one of India’s largest end-to-end travel services businesses. Ebix's shrewd CEO Robin Raina is cornering the rare travel segments in India that aren't facing fierce price wars, namely, corporate travel services and currency exchange.

Yatra Buys PL Worldways in India-Focused Corporate Travel Push

Sean O'Neill, Skift

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.

What India Reveals About the Future of Online Travel: A Skift Deep Dive

Sean O'Neill, Skift

Surprising factors have delayed the coronation of MakeMyTrip Group as India's queen of domestic online travel. Paytm came out of nowhere to grab share, Oyo upended budget hotel distribution, Ixigo tried to make price comparison chic, and Booking.com outmaneuvered Expedia for premium hotel bookings. From this scrappy mix, online travel will find new lessons.

Indian Booking Site Yatra Begins Trading on NASDAQ Exchange After Reverse Merger

Shashidhar KJ, MediaNama

Yatra debuted on Nasdaq through a reverse merger, as opposed to an initial public offering, and thus didn't draw the attention that Trivago's much larger transaction did last week. Yatra isn't emerging from the transaction with a big war chest, either: The net proceeds are essentially going toward completing its previously announced merger with Terrapin 3 Acquisition Corp.

Indian Booking Site Yatra To Go Public On Nasdaq, Valued At $218 Million

Nikhil Pahwa, Medianama

There is a round of consolidation left in the Indian online booking market, which has happened in every other major market but not here.

Indian Booking Site Yatra Shows Internet Brands How to Advertise Offline

Samantha Shankman, Skift

Online travel websites are starting to take their marketing efforts offline to build brand awareness and gain new customers via print and TV campaigns. This is a good example of a multi-faceted service distilling its message down to a simple but powerful image.

OTA Yatra may have raised $14.5 million in Series D funding

This should help refill Yatra's coffers, as the investment amount if correct is just a few million shy of what it spent to acquire Travelocity's Travelguru.com last week

India: Travelocity sells Travelguru to Yatra after three years

Yatra's Travelguru deal would boost its hotel and holiday booking practice to take on its key rivals Nasdaq-listed MakeMyTrip and Cleartrip.