Yatra Online Limited
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Yatra Online Limited - overview
Established
2006
Location
Gurgaon, Haryana, India
Primary Industry
Internet
About
Yatra Online Pvt Ltd, based in India, operates as a comprehensive online travel services platform, offering a variety of travel solutions for both leisure and corporate customers. Yatra Online Pvt Ltd is an online travel agency that provides travel booking services. Founded in 2006 in Gurgaon, India, by Dhruv Shringi, Manish Amin, and Sabina Chopra, Yatra has undergone strategic transformations, notably listing on NASDAQ in 2016 through a reverse merger. The company has raised a total of INR 3,487.
50 mn from its most recent funding round, PIPE, on September 15, 2023, with notable investors including Advantage Capital, BNP Paribas, and Goldman Sachs Merchant Banking Division. Yatra. com offers a wide range of online travel services, including air travel bookings, hotel reservations, holiday packages, bus and train services, and point-to-point cab services. Catering to both leisure and corporate travelers, the platform hosts over 103,000 hotels in India and more than 1.
5 million hotels globally, serving a diverse clientele with a focus on corporate customers through over 700 corporate accounts. Yatra. com reported a revenue of INR 47,367,488. 1 in 2023, with an EBITDA of INR 6,499,074.
6. The company's revenue model is primarily based on transactional fees from bookings for travel services, including flights and hotels, with earnings derived from commissions and service fees. Yatra Online plans to leverage its recent funding of INR 7. 75 billion raised through an IPO in September 2023 to enhance its service offerings and expand its market presence.
The company aims to introduce new travel products while targeting expansion into international markets, further enhancing its product range by the end of 2024.
Current Investors
Norwest Venture Partners, Reliance Ventures, Network18 Media & Investments Limited
Primary Industry
Internet
Sub Industries
Travel & Tourism, Search Engines, Web Applications
Website
www.yatra.com
Verticals
E-commerce, Mobile Apps
Company Stage
Mature
Total Amount Raised
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