Yatra Online Makes Significant Changes to its Leadership Board
Yatra Online Limited, a travel services provider, recently made significant leadership changes. Dhruv Shringi, one of the co-founders who has served as the CEO since the company's beginning, has been promoted to Executive Chairman of the Board.
In his new position, he will focus on overseeing Yatra's extended international growth, developing new products, and increasing shareholder value in collaboration with the Board and senior management team.
Siddhartha Gupta has been named the new CEO of the company, starting on November 25, 2025. With more than 25 years of experience in enterprise technology and B2B SaaS, Gupta has held leadership positions at SAP, HP, and various successful software companies in India and overseas.
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“Yatra has always been ahead of the curve in anticipating the needs of businesses. With Siddhartha’s expertise, I am confident we will consolidate our leadership in India and unlock new global growth opportunities”, says Dhruv Shringi, Executive Chairman, Yatra Online.
“I look forward to working with him to strengthen Yatra’s dominance in corporate travel”, adds Dhruv.
Commenting on his new role, Siddhartha Gupta, CEO, Yatra Online says, “I am excited to join Yatra at such a pivotal point. My focus will be on accelerating growth, enhancing our technology and service portfolio, and delivering greater value to customers. Together, we will scale Yatra to new heights and expand our international presence.”
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Yatra said it has onboarded 148 new corporate clients in the past 12 months, representing over Rs 700 crore in annual business potential.
Yatra's emphasis on corporate travel, specifically the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector, has shown positive results, leading to substantial growth in bookings for both business and leisure trips.
The Hotels and Packages division of the company saw a 58.9 percent revenue surge, driven by the rising demand for MICE travel and domestic tourism. This uptick in revenue demonstrates the growth of India's tourism infrastructure and the growing number of both domestic and international travelers.
Yatra's success was greatly influenced by the ongoing need for corporate travel and the rebound of leisure tourism, both of which had suffered greatly during the COVID-19 pandemic. The company saw a significant 16.2 percent rise in Total Gross Bookings to INR 20,504.8 million (USD 231 million) for the quarter compared to the previous year.
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Yatra has shifted its operational focus towards better cost management, leading to increased profitability in all areas. The integration of Globe Travels has resulted in synergies that have improved its offerings in the hotel and travel package sectors, contributing to the growth of tourism.