Why Ebix Wants to Buy India’s Corporate Travel Player Yatra for $336 Million

Why Ebix Wants to Buy India’s Corporate Travel Player Yatra for $336 Million

Ebix chairman and CEO Robin Raina talks at Ebix Presents TV18 India Rising Summit 2019, a pan-India thought leadership effort sponsored by Raina's U.S.-based software company. Ebix has bid to acquire Yatra, an online travel company in India, as part of Ebix's expansion into travel services. Ebix



Skift Take: Ebix has made a generous takeover bid for Yatra, a corporate travel services provider and online travel agency, to create one of India’s largest end-to-end travel services businesses. Ebix's shrewd CEO Robin Raina is cornering the rare travel segments in India that aren't facing fierce price wars, namely, corporate travel services and currency exchange.

— Sean O'Neill

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http://travel.atspace.co.uk/why-ebix-wants-to-buy-indias-corporate-travel-player-yatra-for-336-million/

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