We hope to be profitable by FY19: Dhruv Shringi

Dhruv Shringi, co-founder and chief executive of Yatra.com

Yatra.com, the decade-old online travel agency (OTA), recently became the second Indian one in this segment to list at Nasdaq in the US (MakeMyTrip was the first OTA); market capitalisation is $275 million. The task at hand for DHRUV SHRINGI, co-founder and chief executive, is to expand the customer base and turn profitable, he tells Ajay Modi. Edited excerpts:

What triggered the reverse merger deal at Yatra last year and how have things changed after the Nasdaq listing?

We were initially (in early 2016) looking at the IPO (initial public offer of equity) market to go public but the market in