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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Yatra founders explore stake sale as consolidation buzz swirls in online travel

Yatra Online's founders are reportedly in talks to sell a controlling stake. Feelers have been sent to rivals like MakeMyTrip, Paytm Travel, Rapido, and Ixigo, along with a private equity fund. Advisors are assisting with the sale process. Suitors may submit initial offers next week. Yatra's CEO stated the company achieved its most profitable year despite challenges.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/yatra-founders-explore-stake-sale-as-consolidation-buzz-swirls-in-online-travel/131433540
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