 | |
| Type | Public |
|---|---|
| Industry | Online travel agency |
| Founded | 1 August 2006 |
| Founder |
|
| Headquarters | Gurugram, Haryana, India |
| Products | Flights, hotels, holidays, trains, buses |
| Services | Travel booking |
| Revenue |  ₹380 crore (US$48 million) (FY23) [1] |
| ₹7.6 crore (US$950,000) (FY23) [1] | |
| Website | www |
Yatra.com is an Indian online travel agency and travel search engine. It is based in Delhi NCR. It was founded by Dhruv Shringi, Manish Amin and Sabina Chopra in August 2006. [2]
In April 2012, it became the second-largest online travel service in India, with a 30 percent share of the ₹370 billion (US$4.6 billion) market for online travel-related transactions. [3] It launched “holiday-cum-shopping card” with State Bank of India (SBI). [4]
In September 2013, Yatra.com suffered a data breach of more than 5 million users records, exposing email and physical addresses, dates of birth and phone numbers along with both PINs and passwords stored in plain text. [5]
In November 2013, Yatra.com launched e-gift cards in collaboration with Qwikcilver. [6]
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. [7] It was publicly listed on the NASDAQ under the ticker symbol "YTRA" in December of the same year. [8]
In July 2019, Ebix, a US-based company, planned to acquire Yatra.com [9] but the acquisition was cancelled in June 2020. [10]
In June 2020, Yatra.com announced an underwritten public offering at $11.5 mn [11] and laid off about 400 employees around the same time. [12]
In June 2021, Yatra collaborated with Oyo Rooms, Airbnb, and EaseMyTrip to form the Confederation of Hospitality, Technology and Tourism Industry (CHATT), an industry body for the tourism sector of India. [13]
In October 2023 : Yatra.com posts Q2 profit at Rs 5.99 crore, revenue up 23.9% on-year [14]
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. [15] [16] In July 2012, Yatra.com acquired a 100% stake in Travelguru. [17] In 2016, Yatra.com [18] acquired-hired Mumbai-based Travel-logs.in, which specializes in customized city walks and private tours. [19]
Early investors included Reliance Venture Asset Management Ltd, [20] Web18 of TV18 Group (a subsidiary of Network 18), Norwest Venture Partners and Intel Capital. [21] In April 2011, it announced funding of ₹2 billion (US$25 million) from investors including Valiant Capital Management, Norwest Venture Partners (NVP) under Promod Haque's management and Intel Capital. [22]
Times Internet is an Indian multinational technology company, headquartered in Gurgaon, India which owns, operates and invests in various internet-led products, services and technology. It is the digital arm of The Times Group, the largest media conglomerate in India. Times Internet currently owns and operates 39+ digital products across news, sports, music, video, trivia, spirituality and a suite of transaction-led market-places across real estate, personal finance, education, jobs, table reservation, agri-business, etc.
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MakeMyTrip is an Indian online travel company founded in 2000. Headquartered in Gurugram, Haryana, the company provides online travel services including airline tickets, domestic and international holiday packages, hotel reservations, rail, and bus tickets. As of June 2023, the company has 146 active franchisees operating in over 100 cities. MakeMyTrip also has international offices located in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, Dubai, and Istanbul.
Urban Ladder is an omnichannel furniture and decor retailer started in 2012 and headquartered in Bangalore, India. The company, founded by Ashish Goel and Rajiv Srivatsa, provides curated furniture products and home decor solutions. Urban Ladder operates across 50 offline stores in India, including Delhi-NCR, Mumbai, Pune, Bengaluru, Hyderabad, and Chennai and continues to service other locations through its e-commerce website.
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