Yatra Online Private Limited and its NASDAQ-listed parent Yatra, an Indian online travel company, raised USD$15.4M in financing.
InnoVen Capital provided the venture debt.
The company will use the debt capital to meet its growth and diversification needs and to add to its list of services.
Yatra (NASDAQ: YTRA, OTCQX: YTROF) is India’s leading online travel company providing a full range of travel-related services such as domestic and international air ticketing, hotel booking, homestays, holiday packages, bus ticketing, rail ticketing, activities, attractions and ancillary services.
The company recently announced the acquisition of Air Travel Bureau Ltd., which is India’s largest independent corporate travel services provider.