The company has sent a letter to the Board of Yatra Online, Inc outlining offer to acquire 100 per cent of the outstanding stock of Yatra Online for $ 7 per share on a debt-free basis, says Ebix
Corporate and small and medium enterprises (SMEs) travel is the fastest-growing part of the business, says Yatra CEO and Co-Founder Dhruv Shringi
Firm has trimmed EBITDA loss by 19 per cent to $3.2 million in the quarter ended September 30, 2018 on improved efficiency in marketing expenditure
Capital will be used to meet working capital needs of Yatra as the company looks to expand its service offering
India is the tenth largest business travel market, valued at close to $30 billion in 2015
With this, the three major Indian online travel agencies have become well capitalised
Has built technology to simultaneously showcase offerings of multiple cab aggregators