Yatra Online, Inc. Partners with Cipla to offer exclusive Domestic Travel Services

Rhea-AI Summary

Yatra Online, India's largest corporate travel services provider, has secured a travel mandate with Cipla , a global pharmaceutical giant based in Mumbai. Under this partnership, Yatra will offer customized, end-to-end travel solutions for Cipla's employees, including a self-booking tool for domestic travel. This tool facilitates bookings for air travel, hotels, and cabs. Yatra's CEO, Dhruv Shringi, highlighted this partnership as a significant milestone and an opportunity to extend Yatra's world-class travel management services to Cipla.

Positive

• Yatra secured a travel mandate with Cipla, a global pharmaceutical company.
• Yatra will provide tailored, end-to-end travel services for Cipla's employees.
• Introduction of a customized self-booking tool for domestic travel, including air, hotel, and cab services.

Negative

• None.

GURUGRAM, India & NEW YORK--(BUSINESS WIRE)-- Yatra Online, Inc. (“Company” or “Yatra”) (NASDAQ: YTRA) India’s largest corporate travel services provider and one of India’s leading online travel companies, today announced that it has secured the travel mandate for Cipla Limited, a leading global pharmaceutical company headquartered in Mumbai.

Under this partnership, Yatra will provide tailored, end-to-end travel services to cater to the diverse needs of Cipla’s employees. Key among these services is a customized self-booking tool specifically designed for domestic travel bookings, covering air travel, hotel accommodations, and cab services.

Speaking on the partnership, Dhruv Shringi, CEO and Director of Yatra Online, Inc. said, “We are delighted to have been chosen as the travel partner for Cipla. This collaboration underscores our commitment to delivering exceptional travel management services tailored to the unique requirements of our clients. We consider this partnership to be a significant milestone for us, marking an exciting opportunity to extend our world-class travel management services to Cipla.”

About Yatra Online, Inc.

Yatra Online, Inc. is the ultimate parent company of Yatra Online Limited, India’s leading corporate travel services provider with over 800 large corporate customers and one of India’s leading online travel companies. The company provides information, pricing, availability and booking facility for domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in city activities, inter-city and point-to-point cabs, homestays and cruises. With approximately 108K hotels and homestays contracted in approximately 1,500 cities across India, as well as approximately 2 million hotels around the world, the company is India’s largest platform for domestic hotels.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240701237085/en/

For more information, please contact:

Manish Hemrajani

Yatra Online, Inc.

VP, Head of Corporate Development and Investor Relations

ir@yatra.com

Source: Yatra Online, Inc.

FAQ

What recent partnership did Yatra Online (YTRA) secure?

Yatra Online secured a travel mandate with Cipla , a global pharmaceutical company.

What services will Yatra Online (YTRA) provide to Cipla?

Yatra will offer end-to-end travel solutions, including a customized self-booking tool for air travel, hotels, and cabs.

What is the significance of Yatra's partnership with Cipla?

The partnership is a significant milestone for Yatra, allowing it to extend its world-class travel management services to Cipla.