Yatra gears up for US listing

Yatra Online Inc., the company that runs Yatra.com, one of India’s top online travel agencies (OTAs) has got the notice of effectiveness with the Securities and Exchange Commission (SEC) as it prepares to hit the public market in the US. The notice of effectiveness is a declaration by the SEC that...

Nishant Sharma

We didn’t want to compromise growth by going in for M&A, says Yatra’s Dhruv Shringi

One of India’s fastest growing online travel agents and consumer travel platform Yatra Online has entered into a merger agreement with Terrapin 3 Acquisition Corporation, a NASDAQ-listed special purpose acquisition firm. The deal, which values Yatra Online at $218 million, was announced on July 14...