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INDIA’S ONLINE TRAVEL CONSOLIDATION: YATRA CIRCLED BY IXIGO

Online travel platform Ixigo is evaluating the acquisition of a 15-20% strategic stake in Yatra Online from its existing promoters. The potential consolidation within India’s travel-tech ecosystem caused Yatra Online shares to rally by up to 5.5%, prompting both the NSE and BSE to seek official clarifications on the matter.

Potential Deal

Ixigo is reportedly in the advanced stages of evaluating a purchase of a 15-20% stake from Yatra’s promoter group.

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