Yatra Online, Inc. (NasdaqCM: YTRA) is looking for acquisitions. Yatra Online, Inc’s Co-Founder, Chief Executive Officer and Director, Dhruv Shringi said, “On the capital side, the ones we continue to look out for is interesting acquisitions. So if there are some which require us to look at other means of capital raising, we would be open to doing that. I think some of these acquisitions -- or the most of the acquisitions do generate positive cash flow. Some flexibility of looking at interesting financing for these acquisitions as well.”
Yatra Online, Inc. is an online travel company. The Company provides travel services to corporate and consumers. It allows leisure and business travelers to explore, research, compare prices and book a range of services catering to their travel needs through its Website and mobile applications, and other associated platforms. It operates through three segments: Air Ticketing, Hotels and Packages, and Other Services. Its services include domestic and international air ticketing on Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. The Company also provides access through its platform to hotels, homestays, and other accommodations. Its applications include Yatra, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay. Its other services consist of rail tickets, bus tickets, taxi rentals and ancillary value-added services, such as travel insurance, visa processing and tickets for activities and attractions.