Yatra – A Complete Travel Solution with Easy And Luxuriant Travel Bookings!

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Tourism and Travel agencies always have an unfading market in the business world. With a growing population and increasing fascination for traveling, their arcade never goes out of place. Online travel bookings have made touring easier with effortless accommodations and holiday packages.

Yatra is one such travel agency which was founded in the year 2006. The company provides various services such as air travel and hotel bookings, homestays, end-to-end cabs, tour packages, and cruises. Here is the detailed information of Yatra and its executions.

Yatra – Company Highlights

Startup Name Yatra
Sector Tourism and Travel
Headquarters Gurgaon, Haryana
Founded 2006
Founder Dhruv Shringi and Manish Amin
Parent Organization Yatra Online Private Limited
Website www.yatra.com
Contact support@yatra.com

Yatra – About
Yatra – Founders and Team
Yatra – Vision and Mission
Yatra – Name, Tagline, and Logo
Yatra – Growth and Revenue
Yatra – Funding and Investors
Yatra – Business Model and Revenue Model
Yatra – Achievements
Yatra – Competitors
Yatra – Future Plans

Yatra – About

Yatra is a 14-year-old startup that was founded by Dhruv Shringi and Manish Amin. The company offers various facilities such as domestic and international flight and hotel bookings, cruises, homestays, buses and train bookings, and a lot more. Yatra happens to be India’s largest platform for domestic hotels with more than 83,000 hotel contracts across the country. It renders affordable travel plans for both business and leisure travelers. The company has got recognized acquisitions such as Travelguru, Air Travel Bureau Limited, and other corporate travel services, which helped them to build and strengthen their network.

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Yatra – Founders and Team

Dhruv Shringi and Manish Amin are the Founders of Yatra

Dhruv Shringi, yatra co-founder

Dhruv Shringi successfully leads Yatra since 2006. He is also the Chairman of FICCI’s online travel and technology committee. He did his MBA from INSEAD and he is also a Chartered Accountant. Dhruv now looks after Yatra’s business operations and directs the company. Manish Amin is another co-founder of Yatra. He has more than 30 years of experience in the travel and IT sector. He was managing the EBookers group in London for around 15 years. He now manages data centers, products and technology development at Yatra. The company was a three-member organization in 2006 and now it has 2500+ employees.

Other important members of the Leadership team are as follows:

Leadership team Positions
Sabina Chopra COO Corporate
Akash Poddar COO (B2B)
Gautam Kaul COO(Yatra Exotic Routes)
Rajesh Bhanot Chief Customer Experience Officer
Naren Nautiyal Managing Director
Manish Hemrajani Vice President, Corporate Development

Yatra – Vision and Mission

Yatra aims to provide best in class experience for its customers to be the best Travel Planner of India. The company operates with the goal of being the most trusted travel brand across the globe.

The name of the startup associates with its service, i.e.; journey.

yatra logo 

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Yatra – Growth and Revenue

The company faced a 10% decrease in revenue from INR 220.7 Cr to INR 196.6Cr in FY19. The profit earned during the third quarter of FY19 is also an 18% decrease from the previous fiscal year. But the EBITDA profit saw a greater increase in profit of INR 20.5Cr in FY19. Around 7 million customers have availed of Yatra’s services since 2006.

Yatra – Funding and Investors

Yatra has raised a total of $136.7M over eight funding rounds. Post-IPO Equity in January 2019 is its latest round of funding.

Date Stage Amount Lead Investors
August 2006 Series A $5M Reliance Capital, Norwest Venture Partners, Network 18.
July 2008 Series B $17M Intel Capital
May 2011 Series C $45M Valiant Capital Partners
July 2012 Series D $14.5M -
April 2014 Series E $16.6M Chiratae Ventures, Vertex Ventures
April 2015 Series F $23M -
September 2017 Post IPO Debt INR 1B InnoVen Capital
January 2019 Post IPO Equity - Capital 18

Yatra – Business Model and Revenue Model

The major revenue for Yatra comes from hotel bookings and tour packages. Its acquisitions with other leading travel industries add up to its B2B business model. With its B2E model, the company helps in employing a larger part of the population. Ticket bookings and other travel facilities accomplish the B2C business model of the company.

Yatra.com took partnership with Amazon Business marketplace helps business customers conveniently discover and save on over 15 crore products with GST invoice for input tax credit.

Travel technology firm Yatra has tied up with upGrad Enterprise, a business-to-business (B2B) arm of edtech startup upGrad for advance learning and skill development services.

Yatra – Achievements

Year Awards
2015 Most outstanding online company in B2C category – Travel and Hospitality
2014 CNBC Awaaz Travel Award
2013 Won three awards for outstanding performance from India Tourism Awards; Most Popular brand in travel and leisure category from Matrixlab.
2012 Best Travel Website from IAMAI's second annual India Digital Awards.
2011 Best Online Travel Agency - CNBC Awaaz Travel Award
2011 Best Domestic Tour Operator
2008 Best Online Travel Agency from Galileo Express Travel World.
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Yatra – Competitors

MakeMyTrip, Cleartrip, EaseMyTrip.com, Expedia, Oyo are some of the top competitors of Yatra. Though there are a lot of upcoming competitors, Yatra claims to be in its best place with its robust years of experience in tourism and travel.

Yatra – Future Plans

The company aims to improve its network by expanding its service in reservations and accommodations. It also targets to strengthen its technology-driven travel amenities in the nearing future.

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About Mandagiri Praveen Kumar Reddy

  • Andhra Pradesh, Guntur, Narasaraopet, 522601
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