Ebix acquires Travel Website Yatra.com for $337.8 million
NEW YORK–July 17, 2019 –Ebix has acquired one of the leading Indian travel platform Yatra.com at an enterprise value of $337.8 million.
Ebix is a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries.
Yatra Online is the parent company of Yatra Online Pvt. Ltd., India's leading Corporate Travel services provider and one of India's leading online travel companies.
Following the completion of the transaction, Yatra will become part of Ebix’s EbixCash travel portfolio alongside Via and Mercury and will continue to serve customers under the Yatra brand. The transaction will create India’s largest and most profitable travel services company, and a leading online travel platform poised to capture...