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Why Yatra’s Broken Deal Won’t Help Corporate Travel’s Mergers-and-Acquisitions Prospects

Ebix chairman and CEO Robin Raina talks at Ebix Presents TV18 India Rising Summit 2019, a pan-India thought leadership effort sponsored by Raina’s U.S.-based software company. Skift Take: As well as the devastating short-term effects, we’re now starting to see how coronavirus can equally have longer lasting impacts on the corporate travel sector. — Matthew […]

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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 […]

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Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Ebix chairman and CEO Robin Raina talks at Ebix Presents TV18 India Rising Summit 2019, a pan-India thought leadership effort sponsored by Raina’s U.S.-based software company. Ebix, an Atlanta-based tech company, is buying Indian-based travel services provider, is acquiring India’s online travel company Yatra for about $380 million. Ebix Skift Take: Corporate travel and event […]

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Why Ebix Wants to Buy India’s Corporate Travel Player Yatra for $336 Million

Ebix chairman and CEO Robin Raina talks at Ebix Presents TV18 India Rising Summit 2019, a pan-India thought leadership effort sponsored by Raina’s U.S.-based software company. Ebix has bid to acquire Yatra, an online travel company in India, as part of Ebix’s expansion into travel services. Ebix Skift Take: Ebix has made a generous takeover […]