Indian Online Travel Agency Yatra Looks to Raise Up to $100 Million From IPO
Photo Credit: India reopened its borders to international travel on March 27, 2022. Unsplash / Arash Bal
Skift Take
Long-struggling Yatra picked the day before India reopened its borders to kickstart its public listing plan. It's now got one year to convince investors online travel is the future in India.
One of India’s biggest travel agencies wants to raise up to $100 million from a public listing on India’s stock exchange.
Despite losing money over the past couple of years, Yatra has managed to weather the pandemic, even surviving a battle with an activist shareholder. Recruiting Sabre’s chief commercial officer Roshan Mendis onto its board seems to have marked a new chapter in the company’s
