Yatra.com is an Indian online

travel agency A travel agency is a private retailer or public service that provides travel and tourism-related services to the general public on behalf of accommodation or travel suppliers to offer different kinds of travelling packages for each destinati ...

and travel search engine. It is based in Gurugram,

Haryana Haryana (; ) is an Indian state located in the northern part of the country. It was carved out of the former state of East Punjab on 1 Nov 1966 on a linguistic basis. It is ranked 21st in terms of area, with less than 1.4% () of India's land a ...

. It was founded by Dhruv Shringi, Manish Amin and Sabina Chopra in August 2006.

History

In April 2012, it became the second-largest online travel service in India, with a 30 percent share of the market for online travel-related transactions. It launched “holiday-cum-shopping card” with State Bank of India (SBI). In November 2013, Yatra.com launched e-gift cards in collaboration with Qwikcilver."Yatra.com launches e-gift card"
The Hindu Business Line, 27 November 2013 In January 2016, Yatra.com appointed Vikrant Mudaliar as a chief marketing officer. He previously served as chief sales and marketing officer at Lenskart.com."Yatra.com hires LensKart's Vikrant Mudaliar as chief marketing officer"
The Economic Times, 20 January 2016 It was publicly listed on the NASDAQ under the ticker symbol YTRA in December of the same year. In July 2019, Ebix, a US-based company, planned to acquire Yatra.com but the acquisition was cancelled in June 2020. In June 2020, Yatra.com announced an underwritten public offering at $11.5 mn and laid off about 400 employees around the same time. In June 2021, Yatra collaborated with

Oyo Rooms OYO Rooms (stylised as OYO), also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces. Founded in 2012 by Ritesh Agarwal, OYO initially consisted mainly of budget ...

Airbnb Airbnb, Inc. ( ), based in San Francisco, California, operates an online marketplace focused on short-term homestays and experiences. The company acts as a broker and charges a commission from each booking. The company was founded in 2008 b ...

, and EaseMyTrip to form the Confederation of Hospitality, Technology and Tourism Industry (CHATT), an industry body for the tourism sector of

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

Acquisitions

Yatra.com made three acquisitions: ticket consolidator Travel Services International (TSI) in October 2010, global distribution system provider Magicdom and Indian events and entertainment portal BuzzInTown. All were acquired for undisclosed amounts. In July 2012, Yatra.com acquired a 100% stake in Travelguru. In 2016, Yatra.com acquired-hired Mumbai-based Travel-logs.in, which specializes in customized city walks and private tours."Yatra acqui-hires travel-logs to boost tours within cities"
The Economic Times, 20 January 2016

Investors

Early investors included Reliance Venture Asset Management Ltd,

Web18 Web18 (Web18 Software Services Limited) is the Internet and mobile arm of Network 18, an Indian media conglomerate. It has a variety of information and transactional services based on the Internet. The TV18 group holds 85 per cent in Web18 Hold ...

of TV18 Group (a subsidiary of

Network 18 Network18 Media & Investments Limited, (formerly SGA Finance and Management Service and Network18 Fincap Limited) commonly referred to as the Network18 Group and sometimes as the Network18–Eenadu Group, is an Indian media conglomerate owned b ...

Norwest Venture Partners Norwest Venture Partners (Norwest) is an American venture and growth equity investment firm. The firm targets early to late-stage venture and growth equity investments across several sectors, including cloud computing and information technology, ...

and

Intel Capital Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, s ...

. In April 2011, it announced funding of from investors including Valiant Capital Management,

(NVP) under Promod Haque's management and

References

External links

* {{Travel ticket search engines Companies based in Haryana Indian companies established in 2006 Transport companies established in 2006 Internet properties established in 2006 Indian travel websites Online travel agencies Travel ticket search engines 2014 initial public offerings Companies listed on the Nasdaq 2006 establishments in Haryana