Yatra.com terminates $337 Million merger pact with Ebix
Yatra Online said it is terminating pending merger agreement with the US-based software firm Ebix Inc.
Yatra Online said it is terminating pending merger agreement with the US-based software firm Ebix Inc.
Leading software making company Ebix has acquired India’s leading travel platform Yatra.com at an enterprise value of $337.8 million.
Ebix offers to acquire Yatra.com
Yatra Online, country’s second largest travel aggregator is eyeing to raise an estimated $50 Mn (approx Rs 332.6 crores) via share sale, as revealed by its SEC filings. The company has plans to share 9 million shares, where it is also offering additional 1.35 Mn shares to underwriters, which if exercised to full will lead […]
India’s second largest online travel company, Yatra has reported improvements in revenue in its fourth-quarter. With both its businesses air ticketing and hotels and packages, the company is witnessing a steady and considerable growth as of 31st March 2018. The travel company has reportedly posted a loss of Rs 38.09 crore in the recent quarter, […]
Yatra, the online major travel company is set to gradually raise $100 Mn of funding over the next three years, as recent regulatory filings with the US Securities and Exchange Commission (SEC) reveal. The filings state, “Under this shelf registration process, we may offer ordinary shares, preference shares, various series of debt securities or even […]
Yatra, India’s leading online travel company, today announced its unaudited financial and operating results for three months ended December 31, 2017. As per the results, yatra delivered good quarter of results with revenue less service cost growth at 45.6% year-over-year. Our multi-channel approach and the resultant symbiotic relationship between our corporate and consumer direct businesses continues to deliver […]
Noida based RailYatri acqui-hired Kochi based food-delivery technology start-up YatraChef. Yatrachef team will now manage the pan-India supply side of the former’s in-transit delivery business. “YatraChef brings a deep experience of nearly four years in food delivery and vendor management, and have a track-record of delivering outstanding consumer experience to travelers. Their skills will help us jointly develop new offerings that would re-define the […]
Online travel company Yatra raised a 100 crore venture debt from Temasek backed InnoVen Capitalmarking it India’s largest venture debt transaction yet as per the source Livemint.
Online travel firm Yatra Online has acquired corporate travel services provider Air Travel Bureau for an undisclosed amount.
Online travel firm Yatra Online Inc has been listed on the American stock exchange, Nasdaq, under the ticker symbol “YTRA” with effect from today. Yatra said it has completed the transaction with Terrapin 3 Acquisition Corporation (TRTL), which will result in TRTL becoming a partially owned subsidiary of Yatra. As a part of this process, […]
Online travel solutions provider Yatra.com has joined hands with various taxi aggregators to offer cab services in 450 cities across the country, through its mob app. Under the collaboration, the customers can choose from a large range of cars including hatchbacks, sedans, SUV/MUVs and vans. They can take a cab for one-way, round-trip and multi-city […]