People · Professional & Local Services
Yatra co-founder steps down as CEO, appoints successor
By Startup Enthusiast ·
- Date
- Company
- Yatra Online
- What it does
- Online travel booking platform
- Kind
- People
What they do
Yatra Online is an online travel booking platform serving corporate and consumer segments
What happened
Co-founder Dhruv Shringi steps down as CEO, becomes Executive Chairman; Siddhartha Gupta appointed CEO
Why it matters
Gupta brings over 25 years of enterprise tech and SaaS experience, aligning with Yatra's B2B-first strategy
The details
- Dhruv Shringi, co-founder of Yatra Online, stepped down as CEO on 25 November 2025.
- He will now serve as Executive Chairman, focusing on long-term strategy, global expansion, and value creation.
- Siddhartha Gupta was appointed as the new CEO, effective the same day.
- Gupta will oversee business operations, growth initiatives, and the travel services portfolio.
- His focus includes accelerating growth, enhancing technology and service offerings, and delivering greater customer value.
- Shringi said Gupta's experience in enterprise sales and SaaS aligns with Yatra's B2B-first strategy.
- Shringi expressed confidence that Yatra will consolidate its leadership in India and unlock global growth opportunities.
The bigger picture
- The leadership change comes as Yatra reports strong financial performance: Q2 FY26 revenue of ₹350.8 crore, up 48% year-on-year.
- In the same quarter, Yatra posted a profit of ₹14.27 crore.
- Over the past 12 months, Yatra added 148 new corporate clients, with annual potential business of over ₹700 crore.
- The company's B2B-first strategy focuses on managed business travel, a segment where Gupta's enterprise tech background is relevant.
About the business
- Yatra Online serves both corporate and consumer travel segments.
- Its strategy is B2B-first, with a focus on managed business travel.
- In Q2 FY26 (quarter ending September 2025), Yatra reported revenue from operations of ₹350.8 crore.
- In the same quarter, it posted a profit of ₹14.27 crore.
- In H1 FY26 (first half of fiscal year 2026), revenue was ₹560.6 crore and profit approximately ₹30.27 crore.
- Over the past 12 months, Yatra added 148 new corporate clients, representing annual potential business of over ₹700 crore.
What happens next
- Siddhartha Gupta aims to scale Yatra, strengthen its international presence, and set benchmarks in managed business travel.
- Dhruv Shringi will work with the board and senior leaders on long-term strategy and global expansion.
Founders
- Dhruv Shringi, Co-founder, now Executive Chairman