 "Yatra")
Nasdaq-listed online travel portal Yatra has raised $15.4 million in debt from Innoven Capital, making it the largest venture debt deal to be closed by an Indian company so far.
The capital will be used to meet working capital needs of Yatra as the company looks to expand its service offerings for Indian customers. In July the company acquired Air Travel Bureau Ltd., a corporate travel service provider, giving it a strong position in India’s B2B travel segment.
“We are very happy to partner again with InnoVen in the largest venture debt deal for any Indian business. After having raised
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