Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 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, an Atlanta-based tech company, is buying Indian-based travel services provider, is acquiring India's online travel company Yatra for about $380 million. Ebix

Skift Take: Corporate travel and event planning seem to be the only profitable paths in India's online travel scene, at least for now.

— Sean O'Neill

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http://travel.atspace.co.uk/ebix-to-acquire-indias-corporate-travel-player-yatra-for-338-million/