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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Left high and dry bang in the middle of a pandemic, Yatra has taken Ebix to court. The allegations are ugly.
There were early signs that getting into bed with Robin Raina is trouble.
As the story goes, early last year, Yatra Online Inc. CEO Dhruv Shringi met Raina, CEO of Ebix Inc., in an informal meeting. The two hit it off, and Raina suggested to Shringi that they work together and explore the possibility of Ebix acquiring Yatra. After a few more rounds of discussion, Shringi took Raina’s proposal to his company’s board of directors. Over the next two weeks, Shringi and Raina had a number of conversations to hammer out a structure for the transaction. In February 2019, Ebix …
