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.