News · Mobility & Logistics

Yatra denies reports of stake acquisition by ixigo

By Startup Enthusiast · 22 June 2026

What they do

Yatra is an online travel booking platform that competes with ixigo and other listed travel aggregators

The company denied reports that ixigo was in advanced discussions to acquire a 15% to 20% stake in Yatra from its promoters

Yatra's promoters held 62.66% of the company's shares as of March 31, 2026, but no deal has been confirmed

Yatra has denied reports that ixigo is in advanced discussions to acquire a stake in the company from its promoters.
The report claimed ixigo was preparing to buy between 15% and 20% of the promoters' shareholding in Yatra.
Yatra's promoters — THCL Travel Holding Cyprus Ltd and Asia Consolidated Dmc Pte Ltd — held 62.66% of the company's shares as of March 31, 2026.
Earlier in February, THCL Travel Holding Cyprus sold 28.33 Lakh shares in a block deal for ₹44.8 Cr.
The speculation comes as ixigo has been actively pursuing acquisitions to expand beyond its core travel booking business.
Ixigo recently acquired a majority stake in hotel booking startup Brevistay for ₹65.7 Cr.
The company also acquired stakes in two AI startups — ProactAI and Vestra.AI — for about ₹12 Cr.
Ixigo plans to acquire 60% of Trenes for €11.7 Mn (about ₹125 Cr) and 45.02% of Sqaas for €450K (₹4.8 Cr).

The speculation around a potential stake acquisition in Yatra is notable because Yatra is one of the few listed online travel aggregators competing with ixigo.
Yatra's recent financial performance has been mixed, with a 46% drop in net profit for the quarter ended March 2026.
Despite the weak quarter, Yatra reported a 28% increase in net profit for the full year ending March 2026.
The company added 55 new corporate customers during the quarter, with an estimated annual revenue potential of ₹270.9 Cr.

Yatra is an online travel booking platform that operates in India and competes with other travel aggregators like ixigo, EaseMyTrip, and MakeMyTrip.
Yatra's revenue for the quarter ended March 2026 declined 14% to ₹189 Cr, but its full-year revenue increased 27% to more than ₹1,000 Cr.