Yatra founders weigh controlling stake sale as online travel consolidation heats up
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.
Yatra Online founders Dhruv Shringi, Manish Amin and Sabina Chopra are exploring a controlling stake sale, approaching MakeMyTrip, Paytm Travel, Rapido, Ixigo and a PE fund, amid online travel consolidation. Founder denies; non-binding term sheets expected next week.
Why this matters
Yatra's potential controlling stake sale signals accelerating consolidation in India's online travel market, with rivals MakeMyTrip and Ixigo plus mobility player Rapido circling alongside PE interest.
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