Another Travel Merger Sunk by Coronavirus: Ebix Purchase of Yatra Falls Apart

Another Travel Merger Sunk by Coronavirus: Ebix Purchase of Yatra Falls Apart

Dhruv Shringi, the co-founder of Yatra, has been CEO of the travel company based in Gurgaon for about 14 years. Yatra

Skift Take: The crisis has caused several deals in the travel sector to come undone, such as an American Express GBT deal, Wex's bid to buy Enett, and Sabre's bid to buy Farelogix. But ever since software firm Ebix offered to buy corporate travel firm Yatra in July 2019, the two companies have been squabbling. So this news isn't surprising.

— Sean O'Neill

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