Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


April 26, 2015 9:51 PM ET

Hotels, Restaurants and Leisure

Company Overview of Yatra Online Private Limited

Company Overview

Yatra Online Private Limited, an online travel company, provides a range of travel-related services for business and leisure travels in India. It offers information, pricing, availability, and booking facility for domestic and international air travel, hotel bookings, holiday packages, and bus and railway reservations. The company enables customers to access its services through its Website, mobile optimized WAP site and applications, a 24x7 multi-lingual call center, and a network of holiday lounges and Yatra Travel Express stores. Yatra Online Private Limited was founded in 2005 and is based in Gurgaon, India.

1101, 11th Floor

Tower B

Unitech Cyber Park

Sector - 39

Gurgaon,  122001

India

Founded in 2005

Phone:

91 12 4437 5353

Key Executives for Yatra Online Private Limited

Co-Founder, Chief Executive Officer and Director
Age: 41
President
Co-Founder and Chief Information Officer
Co-Founder and Chief Operating Officer of Corporate Hotels
Chief Financial Officer
Age: 48
Compensation as of Fiscal Year 2014.

Yatra Online Private Limited Key Developments

IDG Ventures Mulls IPO For Yatra.com, Newgen Software Technologies and Centre for Sight

IDG Ventures India is seeking IPO for Yatra Online Private Limited, Newgen Software Technologies Limited and Centre For Sight Pvt. Ltd. “Venture capital (VC)-funded firms, including Yatra.com [1], Newgen Software Technologies Ltd and Centre for Sight, are considering initial public offerings (IPOs) and have started the groundwork for possible listings in 2015-2016,” according to multiple investment bankers who have met the firms. “Yatra Online Pvt. Ltd, which runs the online travel firm Yatra.com [1], is among those considering a share sale and has initiated meetings with investment bankers,” said two investment bankers who have met the firm. Yatra did not respond to multiple emails sent to the company. “Delhi-based software services company Newgen Software is also looking to raise INR 4.5 billion to INR 5 billion crore from an IPO,” said one of the two investment bankers quoted above. A third banker confirmed the development. An email sent to NewGen Software went unanswered. "In the IDG Ventures portfolio we have a number of companies that can launch an IPO in the next two years. Two prominent ones include Newgen and Yatra. Newgen is slated to bring an IPO on the Indian stock market and Yatra on Nasdaq. Both have achieved rapid growth, leadership positions and scale and a highly differentiated offering in the market," said Sudhir Sethi, founder and chairman of IDG Ventures India. Sethi declined to offer details of the IPOs. The IPO is being considered as a way to fund expansion plans and also provide a part exit to existing investor Matrix Partners India. Mahipal Sachdev, Founder and Chairman of Centre for Sight, said, "While we appreciate your interest in Centre for Sight, I would wish to submit that the questions are premature and not an accurate reflection of facts. We shall keep you posted as and when we have finalised our course of action." "There is nothing finalised yet so this is premature," said Avnish Bajaj, Managing Director at Matrix Partners, in an emailed.

Yatra Online Private Limited Presents at Nomura India Corporate Day - Boston, Mar-03-2015

Yatra Online Private Limited Presents at Nomura India Corporate Day - Boston, Mar-03-2015 . Venue: Boston Harbor Hotel, Boston, Massachusetts, United States.

Reliance Capital May Sell Stake In Yatra.Com

A media report states that Reliance - ADA Group Limited may sell entire stake in Yatra Online Private Limited for INR 5 billion. "Reliance Capital, which invested INR 40 crore in Yatra.com in 2006 for a 16% stake, has now decided to exit the investment, pocketing a return of about 12 times in eight years and valuing Yatra.com at over INR 3,000 crore, or $500 million," the report said quoting unnamed sources. The report further said that Reliance aims to close the transaction in the next four to six weeks as part of its strategy to encash its minority investments to focus on its core business. Reliance Capital is in talks with 2-3 international investors, as per the media reports. The identity of the interested buyers could not be ascertained, reported Dion Global Solutions Limited. Commenting on the development, Reliance Capital spokesperson said, "We continuously evaluate opportunities to unlock the value of our minority investments to enhance shareholders value." Shares of Reliance Capital Limited (BSE:500111) climbed as much as 1.9% intraday on December 10, 2014 on the media report.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Yatra Online Private Limited, please visit www.yatra.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.