Yatra

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Overview

Yatra Online, Inc. is a leading online travel agency in India, providing comprehensive travel-related services and information for both leisure and corporate travelers. Founded in 2006, Yatra is headquartered in Gurugram, Haryana, and was co-founded by Dhruv Shringi, Manish Amin, and Sabina Chopra. Over the years, the company has established itself as a prominent player in the Indian OTA market, offering diverse services including air travel, hotel bookings, holiday packages, and more. As of [CURRENT DATE], Yatra has successfully raised substantial funding, and operates as a public company listed on NASDAQ under the ticker symbol YTRA.

Recent Developments

  • February 2025: Yatra Online reported a revenue growth of 111% for the third quarter of FY25. Despite challenges in the B2C segment, the company saw strong performance in corporate travel, particularly in the MICE sector. Source
  • September 2024: Yatra acquired Globe All India Services Limited to expand its corporate travel services, further solidifying its leadership position. Source
  • May 2024: The company launched an AI-powered expense management solution, enhancing its corporate offerings. This move is part of Yatra's strategy to leverage technology for improved customer experience and operational efficiency. Source

Company Information

AttributeInformation
Founding Date2006
HeadquartersGurugram, Haryana, India
FoundersDhruv Shringi, Manish Amin, Sabina Chopra
Revenue$81.1M (FY 2024)
Profits$39.8M (Q3 2025)
Key InvestorsSBI Capital Markets, DAM Capital Advisors
IndustryOnline Travel Agency
Number of Employees1,268

Early History

Yatra Online was founded in 2006 as an initiative to make travel booking easier and more accessible for Indians. The company's inception was driven by the vision to be 'India's Travel Planner.' Initially, the founders focused on leveraging digital platforms for a wide array of travel services including flight bookings, hotel accommodations, and packaged tours. The company quickly expanded its offerings and established a strong foothold in the nascent Indian OTA market. It was during this period that Yatra acquired several smaller players to expand its inventory and enhance its service capabilities.

Company Profile and Achievements

Yatra Online's business model is centered around providing a comprehensive travel solution platform that caters to both individual and corporate clients. Significant milestones for Yatra include:

  • 2006: Launch of Yatra.com, providing a one-stop solution for travel bookings.
  • 2012: Acquisition of Travelguru, strengthening its hotel aggregation business.
  • 2016: Public listing on NASDAQ, marking a significant achievement in its growth journey.
  • 2023: Launch of Yatra Freight, expanding its corporate service offerings into freight forwarding. Source
  • 2024: Acquisition of Globe All India Services, enhancing its corporate travel service capabilities significantly.

Current Operations and Market Position

Yatra Online remains a dominant player in India's online travel space, with a strong presence in both corporate and leisure travel markets. The company's focus on technology enhancements, such as AI-driven services and mobile applications, positions it competitively against rivals like MakeMyTrip and Goibibo. Yatra continues to leverage strategic acquisitions to enhance its service offerings and maintain its leadership in the corporate travel sector.

Yatra Company Reviews

Yatra Online is well-regarded for its customer service and wide array of travel solutions. Its corporate clients appreciate the comprehensive management solutions and personalized services. However, like many in the travel industry, it faces challenges related to competitive pricing and digital transformation.

Conclusion

Yatra Online, Inc. has evolved to become a key player in the travel industry due to its strategic expansions and focus on customer-centric services. As it continues to integrate technology and broaden its corporate and consumer offerings, Yatra is poised to sustain its growth and maintain its competitive edge. Despite challenges in the B2C segment, its strategic focus on corporate travel and innovative technology solutions position it well for future success.

References

  1. Yatra Online Company Profile at GlobalData
  2. Yatra Online Financials and Profile at PitchBook
  3. Yatra Earnings Call Transcript - Q3FY25
  4. Yatra Corporate Website
  5. Indian Express - Expansion for Char Dham Yatra