US' Ebix to acquire Indian travel company Yatra for 2,320 crore

US-based software firm Ebix has agreed to acquire Indian travel services company Yatra through a merger at an enterprise value of $337.8 million €2,320 crore). Yatra will become part of Ebix's travel portfolio EbixCash alongside Via and Mercury and will continue to serve customers under the Yatra brand. Ebix has invested nearly $700 million in India through EbixCash since 2017.

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