Yatra Online Limited IPO

Established in 2005, Yatra Online Limited is a comprehensive travel services provider catering to both domestic and international customers.

The company offers a wide range of services, including domestic and international air ticketing, bus and rail ticketing, cab bookings, and various ancillary services within India. Additionally, it facilitates bookings for hotels, homestays, and accommodations, boasting an impressive portfolio of approximately 105,600 hotels in 1,490 cities and towns across India as of Fiscal 2023. Globally, Yatra Online provides access to over two million hotels through its website yatra.com, mobile applications, corporate SaaS platform, and associated platforms.

Yatra Online has solidified its presence with contracts for more than 94,000 hotels and homestays in around 1,400 cities throughout India. This makes it the largest domestic hotels platform in India. In a strategic move to expand its corporate services, the company recently introduced Yatra Freight, a freight forwarding business.

Catering to both B2B and B2C customers, Yatra Online focuses on India’s educated urban consumers who are frequent and high-spending travelers. As of Fiscal 2023, the company has successfully established relationships with over 813 corporate customers and boasts a registered SME customer base exceeding 49,800. In terms of gross booking revenue, it ranks as the third-largest consumer online travel company (OTC) in India. Moreover, it leads the domestic online travel agency (OTA) sector with the largest number of hotel and accommodation tie-ups, boasting over 2,105,600 such partnerships.