Yatra has doubled down on corporate travel. The results of its latest quarter, released Friday, were largely driven by enterprise travel and meeting. Yatra is now preparing to introduce a cobranded credit card for corporate customers.
The company’s business increased by INR 7.5 Billion ($87.6 Million) over the past year.
“Corporate Travel is now 65% our gross bookings and we expect this to grow,” Dhruv shringi, Wholetime’s Director and CEO told analysts in an earnings call.
“There’s an obvious shift in progress.” We are replacing low-value bookings by high-value corporate bookings. Corporate travel has higher margins.
Yatra now claims a market share of 11–12% by spend in India’s managed corporate travel space, and serves approximately 1,150–1,200 clients in this
