Yatra Online, Inc. acquires Globe All India Services Limited (Globe Travels) to strengthen its leadership position in corporate travel
Acquiring Company
Yatra Online
Acquired Company
Globe All India Services Ltd
GurgaonKolkataLeisureHotelTravelInternetTourismTravel AgencyLeisureTravelTravel AgencyDescription
Yatra Online, Inc., India's largest corporate travel services provider, has entered into a definitive agreement to acquire 100% of Globe All India Services Limited (Globe Travels). With this acquisition, Yatra aims to solidify its position as the leader in the corporate travel sector by gaining Globe Travels’ portfolio of corporate customers and annual gross bookings.
Quick answer
Yatra Online is acquiring Globe All India Services Ltd, announced September 3, 2024. Yatra Online is based in Gurgaon, Haryana, India.
- How much did Yatra Online pay for Globe All India Services Ltd?
- The deal value was not disclosed.
- What does Yatra Online do?
- Yatra Online, Inc is a leading online travel aggregator providing a range of travel services including flight bookings, hotel reservations, holiday packages, and corporate travel solutions.
- Where are Yatra Online and Globe All India Services Ltd based?
- Yatra Online is based in Gurgaon, Haryana, India. Globe All India Services Ltd is based in Kolkata, West Bengal, India.
- Who are the decision-makers at Yatra Online?
- Fundz holds 3 contacts at Yatra Online. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Leisure and Hotel
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Alaska Airlines completes acquisition of Hawaiian Airlines, expanding travel benefits (September 18, 2024)
- eSky Group acquires Thomas Cook to strengthen its position in Western Europe (September 5, 2024)
- HotelRunner completes acquisition of Bookingate, expanding its B2B powerhouse (October 1, 2024)
- Room00 Group becomes the largest hostel chain in Europe after acquiring TOC Hostels for €20 million, $22M (September 3, 2024)
- South Street Partners and TPG acquire The King and Prince Beach & Golf Resort on St. Simons Island (August 13, 2024)
- Marriott International establishes Marriott Tech Accelerator in Hyderabad, India to enhance global technology capabilities (October 4, 2024)
Who to call at Yatra Online, and when
When Yatra Online changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Yatra Online raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Yatra Online, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Yatra Online. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Yatra Online makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Globe All India Services Ltd?
Globe All India Services Ltd was acquired by Yatra Online, based in Gurgaon. The deal was reported on September 3, 2024. Yatra Online, Inc is a leading online travel aggregator providing a range of travel services including flight bookings, hotel reservations, holiday packages, and corporate travel solutions. Yatra Online is publicly traded (YTRA) and operates in Leisure.
When did Yatra Online acquire Globe All India Services Ltd?
Yatra Online's acquisition of Globe All India Services Ltd was reported on September 3, 2024. Yatra Online, Inc., India's largest corporate travel services provider, has entered into a definitive agreement to acquire 100% of Globe All India Services Limited (Globe Travels). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Globe All India Services Ltd do?
Globe Travels is a renowned corporate travel services provider, recognized for its expertise in managing corporate travel and MICE. It serves approximately 360 corporate clients and has significant annual gross bookings. It is privately held, operating in Leisure, and is based in Kolkata.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.