Yatra founders weigh stake sale as MakeMyTrip, Paytm, Rapido circle in OTA consolidation play
Yatra Online's promoters have reportedly approached MakeMyTrip, Paytm Travel, Rapido, Ixigo and a PE fund to offload a controlling stake, even as founder Dhruv Shringi denies the talks. The move signals deepening consolidation pressure in India's online travel market, where Yatra posted FY26 income of ₹1,032 cr and net profit of ₹47 cr.
What happened
Yatra Online founders have reportedly opened talks to sell a controlling stake, approaching MakeMyTrip, Paytm Travel, Rapido, Ixigo and a PE fund, signaling
Key facts
- Q4 income ₹199.3 cr
- Q4 net profit ₹8.2 cr
- FY26 income ₹1,032 cr
- FY26 net profit ₹47 cr
Why this matters
Yatra's promoter outreach to strategics and PE simultaneously signals a competitive process forming—now is the window to table indicative terms before MakeMyTrip locks in exclusivity.