Yatra Online, Inc. Bolsters Its Leadership in Corporate Travel by Partnering with IDFC FIRST Bank

~ Yatra will oversee all of IDFC FIRST Bank's travel needs, including flight and hotel bookings, along with other auxiliary services, enhancing travel management efficiency and offering employees a streamlined travel experience~

Gurugram, India and New York NY. May 2023: Yatra Online, Inc. (NASDAQ: YTRA), India’s leading corporate travel services provider and one of India’s leading online travel companies, further strengthens its corporate presence through its Indian subsidiary Yatra Online Limited (“Yatra”), by entering into an  Agreement with IDFC FIRST Bank, a leading private sector bank in India. As part of the agreement, Yatra will serve as the corporate travel partner for IDFC FIRST Bank. 

Under the agreement, Yatra will serve as the comprehensive corporate travel services provider for IDFC FIRST Bank. This entails managing a wide spectrum of travel-related services such as flight, hotel, and cab bookings. With its advanced technology platform, progressive tools, and exceptional customer service, Yatra aims to optimize IDFC FIRST Bank's travel management operations while delivering a frictionless travel experience for its employees. 

Commenting on the association, Dhruv Shringi, co-founder and CEO, Yatra Online, Inc. said “At Yatra, our commitment is to offer superior corporate travel solutions and simplify the travel booking process for our partners. Our extensive network and cutting-edge technology platform will empower IDFC FIRST Bank to manage their travel needs with greater efficiency, ultimately saving them both time and cost. Our goal is to automate the entire travel booking process, thereby eliminating common travel hurdles. We are thrilled to partner with IDFC FIRST Bank and look forward to assisting them in accomplishing their travel management objectives.”

Leveraging its differentiated product portfolio and unique go-to-market strategy, Yatra has solidified its position as India's leading corporate travel management company. The platform provides a comprehensive suite of services, including domestic and international flight bookings, hotel reservations within India and abroad, and cab, train, and bus bookings for its corporate clients.