GURUGRAM India, 10 January 2019: Yatra Online Inc an Indian corporate travel services provider announced the acquisition of the corporate travel business of PL Worldways Limited (PLW), a Chennai-based corporate travel services provider, earlier this week.
This acquisition will help strengthen Yatra’s foothold in the southern India region along with adding over 100 corporate clients to its existing client base of over 700.
Yatra Online Inc is the parent company of Yatra Online, which is based in Gurugram, India and is the country’s leading corporate travel services provider with over 800 Corporate customers.
It provides real-time bookings for more than 100,000 hotels in India and over 1,000,000 hotels around the world.
Launched in August 2006, the company won the National Tourism Award for ‘Best Domestic Tour Operator (Rest of India)’ at the India Tourism Awards in September 2017 for the third time in a row.
Commenting on its latest acquisition, Yatra Online Inc co-founder and CEO, Dhruv Shringi said: With this acquisition, we not only strengthen our position in the growing corporate travel market in India but also in Southern India.”
Adding PL Worldways to the Yatra portfolio will complement Yatra’s technology platform and leverage the largest hotel network in the country.