 | |
| Company type | Public |
|---|---|
| Industry | Online travel agency |
| Founded | 1 August 2006 |
| Founders |
|
| Headquarters | Gurgaon, Haryana, India |
Key people |
|
| Products | Flights, hotels, holidays, trains, buses |
| Services | Travel booking |
| Revenue |  ₹422 crore (US$51 million) (FY24) [2] |
 ₹53 crore (US$6.4 million) (FY24) [2] | |
| ₹−4.5 crore (US$−540,000) (FY24) [2] | |
| Website | www |
Yatra is an Indian online travel agency and travel search engine. It was founded by Dhruv Shringi, Manish Amin and Sabina Chopra in August 2006. [3]
In April 2012, it became the second-largest online travel service in India, with a 30 percent share of the ₹370 billion (US$4.4 billion) market for online travel-related transactions. [4] It launched “holiday-cum-shopping card” with State Bank of India (SBI). [5]
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. [6]
In November 2013, Yatra.com launched e-gift cards in collaboration with Qwikcilver. [7]
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. [8] It was publicly listed on the NASDAQ under the ticker symbol "YTRA" in December of the same year. [9]
In July 2019, Ebix, a US-based company, planned to acquire Yatra.com [10] but the acquisition was cancelled in June 2020. [11]
In June 2020, Yatra.com announced an underwritten public offering at $11.5 mn [12] and laid off about 400 employees around the same time. [13]
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. [14]
In 2023, Yatra Online listed on the Indian stock exchanges after its initial public offering. [15]
Yatra made three acquisitions: ticket consolidator Travel Services International (TSI) in October 2010, [16] global distribution system provider Magicdom [17] and Indian events and entertainment portal BuzzInTown. [18] All were acquired for undisclosed amounts. [19] [20] In July 2012, Yatra.com acquired a 100% stake in Travelguru. [21] In 2016, Yatra.com [22] acquired-hired Mumbai-based Travel-logs.in, which specializes in customized city walks and private tours. [23]
In September 2024, Yatra announced the acquisition of Globe Travels for Rs 128 crore to strengthen its leadership in the corporate travel sector. [24]
Early investors included Reliance Venture Asset Management Ltd, [26] Web18 of Network18 Group (a subsidiary of Reliance Industries), Norwest Venture Partners and Intel Capital. [27] In April 2011, it announced funding of ₹2 billion (US$24 million) from investors including Valiant Capital Management, Norwest Venture Partners (NVP) under Promod Haque's management and Intel Capital. [28]
SpiceJet is an Indian low-cost airline headquartered in Gurgaon, Haryana. As of June 2024, it is the sixth largest airline in India by number of domestic passengers carried, with a market share of 4% and connects 73 destinations, including 60 Indian and 13 international from its bases at Delhi and Hyderabad.
Indian Railway Catering and Tourism Corporation (IRCTC) is an Indian public sector undertaking that provides ticketing, catering, and tourism services for the state-owned Indian Railways. It was established in 1999 by the Government of India and operated under the administrative control of the Ministry of Railways. In 2019, it was listed on the National Stock Exchange and Bombay Stock Exchange with the Government holding a 67% ownership. As of December 2023, there are 66 million registered users with IRCTC with a daily average of 7.31 lakh tickets booked.
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PVR INOX Ltd, formerly known as PVR Cinemas, is an Indian multiplex chain based in Delhi. It was formed as a result of the merger between PVR Cinemas and INOX Leisure Multiplex. PVR pioneered the multiplex revolution in India by establishing the first multiplex cinema in 1997 at Vasant Vihar, New Delhi. In 2022, PVR Cinemas achieved the milestone of completing 25 years in the business. As of December 2023, PVR Inox has 1747 screens across 359 properties in 114 cities.
Trent Limited is an Indian retail company, which is part of the Tata Group and based in Mumbai. Started in 1998, Trent owns and operates fashion and lifestyle retail formats such as Westside, Zudio and Utsa. The company also runs retail chains like Star Bazaar and Zara through joint ventures.
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India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. Despite being the second-largest user base in world, only behind China, the penetration of e-commerce is low compared to markets like the United States, or France, but is growing, adding around 6 million new entrants every month. The industry consensus is that growth is at an inflection point.
Zomato is an Indian multinational restaurant aggregator and food delivery company. It was founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in more than 1,000 Indian cities and towns, as of 2022–23. Zomato rivals Swiggy in food delivery and hyperlocal space.
Via.com, formerly known as FlightRaja.com, is an Indian travel portal and online travel company based in Bangalore, India. Via was founded on 25 July 2006 and incorporated in February 2007. In November 2017, Via was acquired by Ebix for $74.9 million.
Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. The company was founded in 2007-2008 to sell personalized gift items. In May 2014, Myntra.com was acquired by Flipkart.
Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal.
OYO Rooms, 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 hotels. As of January 2020, it has more than 43,000 properties and 1 million rooms across 800 cities in 80 countries.
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. It has a customer base of 83.64 million and holds assets under management worth ₹330,615 crore (US$40 billion), as of March 2024.
AU Small Finance Bank Limited is an Indian scheduled commercial small finance bank and India’s largest tech-led small finance bank, based in Jaipur. It was founded as vehicle finance company and NBFC, AU Financiers (India) Ltd in 1996 and converted into a full-fledged small finance bank on 19 April 2017.
Byju's is an Indian multinational educational technology company, headquartered in Bengaluru. It was founded in 2011 by Byju Raveendran and Divya Gokulnath. As of January 2024, Byju's made a valuation ask of $200 million, a sharp fall given its peak valuation of $22 billion in 2022. As of April 2023, the company claims to have over 150 million registered students.
EaseMyTrip, is an Indian multinational online travel company, headquartered in New Delhi, India. It was founded in 2008 by Nishant Pitti, Rikant Pitti, and Prashant Pitti. The company provides hotel bookings, air tickets, domestic and international holiday packages, bus bookings, and white-label services. EaseMyTrip has overseas offices in Singapore, UAE and Thailand with country-specific websites for UAE, UK and Thailand.
FirstCry is an Indian e-commerce company focused on baby products retailing. The company was started in 2010 and is headquartered in Pune. As of June 2023, the company had over 900 brick-and-mortar stores of FirstCry and BabyHug across India.
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Ebix, Inc., previously known as ebix.com, Inc. and formerly Delphi Information Systems, Inc., is an American multinational technology company which focuses on e-commerce, cloud computing (SaaS), insurance, finance, healthcare and e-learning. Co-founded by Ken Bitticks in Atlanta, Georgia in 1976, it was traded on Nasdaq as EBIX. The company's global headquarters is located in Johns Creek, Georgia, with offices in Australia, Brazil, Canada, India, New Zealand, Singapore and UK.
Educomp Solutions Limited (ESL) is an Indian multinational educational technology company, headquartered in Gurgaon, Haryana, India. Founded in 1994 as a private limited company by Shantanu Prakash and Anjlee Prakash, it has offices across 18 Indian states besides having overseas presence in Singapore and the United States. The company was popular for its flagship product Educomp Smartclass which once served thousands of schools in India, United States, Canada, Singapore and Sri Lanka before the brand's acquisition by Ebix in 2018. It was once described as India's largest technology-driven education company by The Economic Times.
