Yatra Online's promoters have reportedly approached MakeMyTrip, Paytm Travel, Rapido, Ixigo and a PE fund to offload a controlling stake, even as founder Dhruv Shringi denies the talks. The move signals deepening consolidation pressure in India's online travel market, where Yatra posted FY26 income of ₹1,032 cr and net profit of ₹47 cr.

ET Retail · 6/1/2026, 5:23:05 AM

Founders Shringi, Amin and Chopra have approached MakeMyTrip, Paytm Travel, Rapido, Ixigo and a PE fund for a controlling stake sale, with non-binding term sheets expected next week. Yatra posted ₹199.3 cr Q4 income and ₹8.2 cr net profit; founders publicly deny the talks.

ET Small Business · 5/31/2026, 7:45:02 PM